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Allcargo Logistics Ltd — Capital/Financing Update 2025
Aug 6, 2025
61291_rns_2025-08-06_ecb55ecb-ec80-4b3f-942a-c0c1aad15198.pdf
Capital/Financing Update
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August 06, 2025
| To, BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai-400 001 BSE Scrip Code: 532749 |
To, National Stock Exchange of India Limited Exchange Plaza, C-1, Block G Bandra Kurla Complex Bandra (East), Mumbai - 400 051 NSE Symbol:ALLCARGO |
|---|---|
Dear Sir/Madam,
Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, regarding acquisition of the additional 30% stake in Ecu-Line Saudi Arabia LLC by Ecuhold N.V., Wholly owned subsidiary of the Company (“WOS”)
In accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the “Listing Regulations”) read with Part A of Schedule III of the Listing Regulations, we wish to inform you that Ecuhold N.V. has acquired additional 30% stake in Ecu-Line Saudi Arabia LLC for a consideration of SAR 10 million. Vide Agreement dated August 05, 2025 entered into between Ecu-Line Saudi Arabia LLC and Ecuhold N.V. Accordingly, Ecuhold N.V. now holds 100% stake in Ecu-Line Saudi Arabia LLC.
Details as required under Regulation 30 of the Listing Regulations and SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P /0155 dated 11th November 2024, 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
SWATI Digitally signed by GOPAL SWATI GOPAL SINGH Date: 2025.08.06 SINGH 19:24:51 +05'30' Swati Singh Company Secretary & Compliance Officer Membership No.: A20388
Encl: a/a
ALLCARGO LOGISTICS LIMITED
Allcargo House, 6[th] Floor, CST Road, Kalina, Santacruz (E), Mumbai - 400 098. Maharashtra. India. T: +91 22 6679 8110 | www.allcargologistics.com | CIN: L63010MH2004PLC073508 | GSTN: 27AACCA2894D1ZS e-mail id: [email protected]
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Annexure - A
Disclosures pursuant to Regulation 30 of the Listing Regulations and SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November 2024
The details of additional acquisition of 30% stake in Ecu-Line Saudi Arabia LLC are mentioned below:
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Sr. Particular Details
No.
a) Name of the target entity, details in brief Ecu-Line Saudi Arabia LLC.
such as size, turnover etc.
The Company’s Turnover as on June 30, 2025
is 13,065 Lakhs.
b) Whether the acquisition would fall within This is not a related party transaction.
related party transaction(s) and whether
the promoter/ promoter group/ group
companies have any interest in the entity
being acquired? If yes, nature of interest
and details thereof and whether the same
is done at "arm's length;
c) Industry to which the entity being Logistics
acquired belongs
d) Objects and impact of acquisition Expansion of business by acquiring the shares
(including but not limited to, disclosure of of local partner.
reasons for acquisition of target entity, if
its business is outside the main line of
business of the listed entity);
e) Brief details of any governmental or Transaction will be compliant with local
regulatory approvals required for the requirements.
acquisition;
f) Indicative time period for completion of The local registration process will take couple
the acquisition of weeks.
g) Nature of consideration – whether cash Cash
consideration or share swap and details of
the same
h) Cost of acquisition or the price at which the The cost of acquisition of further 30% stake is
shares are acquired; SAR 10 million.
i) percentage of shareholding / control Pursuant to acquisition of 30% stake, Ecuhold
acquired and / or number of shares N.V. now holds 100% stake in Ecu-Line Saudi
acquired; Arabia LLC.
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ALLCARGO LOGISTICS LIMITED
Allcargo House, 6[th] Floor, CST Road, Kalina, Santacruz (E), Mumbai - 400 098. Maharashtra. India. T: +91 22 6679 8110 | www.allcargologistics.com | CIN: L63010MH2004PLC073508 | GSTN: 27AACCA2894D1ZS e-mail id: [email protected]
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j) Brief background about the entity acquired in terms of products/line of business acquired, date of incorporation, history of last 3 years turnover, country in which the acquired entity has presence and any other significant information (in brief)
Ecu-Line Saudi Arabia LLC, a limited liability Company, registered in the commercial register under number (4030222136) dated 06/03/1433H, which engages in the commercial activities stipulated in the Articles of association, including transportation and storage activities.
Last 3 years turnover is:
2022: 46,403 Lakhs 2023: 28,766 Lakhs 2024: 30,800 Lakhs
ALLCARGO LOGISTICS LIMITED
Allcargo House, 6[th] Floor, CST Road, Kalina, Santacruz (E), Mumbai - 400 098. Maharashtra. India. T: +91 22 6679 8110 | www.allcargologistics.com | CIN: L63010MH2004PLC073508 | GSTN: 27AACCA2894D1ZS e-mail id: [email protected]