Allcargo Logistics Ltd — Capital/Financing Update 2023

Jan 4, 2023

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To,	To,
Listing Compliance and Legal Regulatory	Listing and Compliance
BSE Limited	National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers,	Exchange Plaza, C-1, Block G
Dalal Street, Fort,	Bandra Kurla Complex
Mumbai-400 001	Bandra (East), Mumbai - 400 051
**BSE Scrip Code:**532749	**NSE Symbol:**ALLCARGO

January 4, 2023

Dear Sir/ Madam,

Subject: Intimation of under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015

Pursuant to the Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) read with Part A of Schedule III of the Listing Regulations, this is to inform you that the Company’s wholly owned step down subsidiary viz, AGL N.V. has entered into a Share Purchase Agreement with Atlas Global Trading F.Z.C. (UAE) to acquire 100% stake in Asiapac Equity Investment Ltd (Hong Kong).

Details as required under Regulation 30 of the Listing Regulations and SEBI Circular No. ClR/CFD/CMD/4/2015 dated September 09, 2015 is attached as “ Annexure-A ”.

The aforesaid information shall be made available on the Company's website at www.allcargologistics.com.

Kindly take the above on record.

Thanking you,

Yours faithfully,

For Allcargo Logistics Limited DEVANAND Digitally signed by DEVANAND PARSHOTTA PARSHOTTAM MOJIDRA Date: 2023.01.04 M MOJIDRA 10:59:05 +05'30' Devanand Mojidra Company Secretary & Compliance Officer

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Encl: a/a

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Allcargo Logistics Limited, 6[th] Floor, Allcargo House, CST Road, Kalina, Santacruz (E), Mumbai - 400 098. India. T: +91 22 6679 8110 | www.allcargologistics.com | CIN: L63010MH2004PLC073508 | GSTN: 27AACCA2894D1ZS

Annexure - A

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Disclosures pursuant to Regulation 30 of the Listing Regulations and SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 09, 2015

Annexure - ADisclosures pursuant to Regulation 30 of the Listing Regulations and SEBI Circular No.CIR/CFD/CMD/4/2015 dated September 09, 2015SrNoParticularDetailsa.Name of the target entity, details in briefsuch as size, turnover etcAsiapac Equity Investment Ltd(“Target Entity”)	Annexure - ADisclosures pursuant to Regulation 30 of the Listing Regulations and SEBI Circular No.CIR/CFD/CMD/4/2015 dated September 09, 2015SrNoParticularDetailsa.Name of the target entity, details in briefsuch as size, turnover etcAsiapac Equity Investment Ltd(“Target Entity”)	Annexure - ADisclosures pursuant to Regulation 30 of the Listing Regulations and SEBI Circular No.CIR/CFD/CMD/4/2015 dated September 09, 2015SrNoParticularDetailsa.Name of the target entity, details in briefsuch as size, turnover etcAsiapac Equity Investment Ltd(“Target Entity”)	Annexure - ADisclosures pursuant to Regulation 30 of the Listing Regulations and SEBI Circular No.CIR/CFD/CMD/4/2015 dated September 09, 2015SrNoParticularDetailsa.Name of the target entity, details in briefsuch as size, turnover etcAsiapac Equity Investment Ltd(“Target Entity”)	Annexure - ADisclosures pursuant to Regulation 30 of the Listing Regulations and SEBI Circular No.CIR/CFD/CMD/4/2015 dated September 09, 2015SrNoParticularDetailsa.Name of the target entity, details in briefsuch as size, turnover etcAsiapac Equity Investment Ltd(“Target Entity”)	Annexure - ADisclosures pursuant to Regulation 30 of the Listing Regulations and SEBI Circular No.CIR/CFD/CMD/4/2015 dated September 09, 2015SrNoParticularDetailsa.Name of the target entity, details in briefsuch as size, turnover etcAsiapac Equity Investment Ltd(“Target Entity”)	Annexure - ADisclosures pursuant to Regulation 30 of the Listing Regulations and SEBI Circular No.CIR/CFD/CMD/4/2015 dated September 09, 2015SrNoParticularDetailsa.Name of the target entity, details in briefsuch as size, turnover etcAsiapac Equity Investment Ltd(“Target Entity”)	Annexure - ADisclosures pursuant to Regulation 30 of the Listing Regulations and SEBI Circular No.CIR/CFD/CMD/4/2015 dated September 09, 2015SrNoParticularDetailsa.Name of the target entity, details in briefsuch as size, turnover etcAsiapac Equity Investment Ltd(“Target Entity”)
	SrNo	Particular		Details
	a.	Name of the target entity, details in briefsuch as size, turnover etc		Asiapac Equity Investment Ltd(“Target Entity”)
				TargetInvestm	Entity is engaged in the business ofent and related activities through its
				subsidia	ries
	b.	Whether trelated pathe promcomanie	he acquisition would fall withinrty transaction(s) and whetheroter/ promoter group/ grouphave an interest in the entit	Not a rel	ated party transaction.
		pbeing acqand details	y yuired? If yes, nature of interestthereof and whether the same
		is done at	"arm's length
	c.	Industry tobelongs	which the entity being acquired	Investmsubsidia	entcompanywithunderlyingries operating in ocean freight logistics
	d.	Objects(includingreasons fobusinessbusiness o	andeffectsofacquisitionbut not limited to, disclosure ofr acquisition of target entity, if itsis outside the main line off the listed entity)	The saidin increTurkey icontribu	acquisition of Target Entity would resultase in business of the company inn FCL as well as LCL consolidation andte to future growth
	e.	Brief deta	ils of any governmental or	Not App	licable
		regulatoryacquisition	approvals required for the
	f.	Indicative tacquisition	ime period for completion of the	March 2	023
	g.	Nature ofconsideratthe same	consideration - whether cashion or share swap and details of	Cash
	h.	Cost of acthe shares	quisition or the price at whichare acquired	$ 4.99 m	illion
	i.	Percentagacquiredacquired	e of shareholding / controland/ or number of shares	10,000 saggregaTarget E	hares of Target Entity to be acquired,ting to 100% of total shareholding inntity
	j.	Brief backin termsacquired,last 3 yearacquiredother signi	ground about the entity acquiredof products/line of businessdate of incorporation, history ofs turnover, country in which theentity has presence and anyficant information (in brief)	TargetSeptembusinesactivitiesFurtherEntity foHoweveAsiapacreported	Entity was incorporated in the yearber 08, 2008 and it is engaged in thesrelatedInvestmentandallied.Standalone Turnover of the Targetr the preceding 3 years was nil.r, the Target Entity has a subsidiaryTurkey Tasimacilik A.S, whicha revenue of $ 30.98 million and
				EBITDA of $ 1.07 million for the year Januaryto December 2021. Estimated EBITDA forYear ending December 2022 is approximately$ 3.5 million.
**Allcargo Logistics Limited,**6thFloor, Allcargo House, CST Road, Kalina, Santacruz (E), Mumbai - 400 098. IndiaT: +91 22 6679 8110	www.allcargologistics.com	CIN: L63010MH2004PLC073508	GSTN: 27AACCA2894D1ZSTarget Entity is currently based at Hong Kong.				Target Entity is currently based at Hong Kong.

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Allcargo Logistics Limited, 6[th] Floor, Allcargo House, CST Road, Kalina, Santacruz (E), Mumbai - 400 098. India. T: +91 22 6679 8110 | www.allcargologistics.com | CIN: L63010MH2004PLC073508 | GSTN: 27AACCA2894D1ZS