Allcargo Global lists on NSE and BSE after demerger from Allcargo Logistics

Allcargo Global (AGL), the international supply chain business demerged from Allcargo Logistics has listed its shares on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) under the ticker symbol "AGL". The listing completes the Allcargo Group's demerger and restructuring process that began four years ago to create more focused businesses and strengthen operational efficiency.

With the listing, the Allcargo Group now has four independently listed businesses. Allcargo Global houses the Group's international supply chain operations, while Allcargo Logistics focuses on domestic supply chain logistics. Allcargo Terminals operates container freight stations and inland container depots, and TransIndia Real Estate develops real estate and logistics infrastructure assets.

The company says the restructuring is aimed at creating sharper business focus, improving capital allocation and delivering long-term value to stakeholders through dedicated management teams and boards of directors. Allcargo Global begins trading alongside the Group's other three listed companies.

Shashi Kiran Shetty, Founder and Chairman, Allcargo Group, said the listing marks the culmination of a vision that began four decades ago to connect Indian trade with the world. He said the Group has now evolved into four independent, technology-driven businesses, each with the freedom to pursue its own growth strategy.

Shetty added that as Allcargo Global strengthens its leadership in less-than-container load (LCL) consolidation, full container load (FCL), air freight and door-to-door services, it will continue to build on its ambitions amid a rapidly evolving global trade environment while reaffirming India's growing role as a global economic, manufacturing and logistics hub.

Adarsh Hegde, Managing Director, Allcargo Global, said the listing marks the beginning of a new phase for the company's international supply chain business. He said the company will focus on sustainable growth and technology-driven integrated logistics solutions supported by its global network and market-leading position in LCL consolidation.

Hegde said operating as an independent company provides greater flexibility to pursue growth opportunities and create long-term value for customers, partners and shareholders worldwide.

Under the Scheme of Arrangement approved by the National Company Law Tribunal, shareholders of Allcargo Logistics Limited received one equity share of Allcargo Global Limited for every one equity share they held in Allcargo Logistics.

The company said the successful listing positions Allcargo Global to accelerate its growth while expanding its technology-driven international supply chain offerings.

Allcargo Global is an integrated international supply chain company of the Allcargo Group, formed following the demerger of the Group's international supply chain business. Its wholly owned subsidiary, ECU Worldwide, is the world's largest LCL consolidator and one of the leading multimodal transport operators globally. The company operates a network of self-managed offices and warehouses across countries covering markets that account for more than 90% of global trade, supported by a franchise network in other regions.

The company also operates a unified global platform covering finance, technology and human resource management to standardise processes and support seamless service delivery. Its digital freight booking platform, ECU360, allows freight forwarders and shippers to book shipments across global trade lanes through an online interface, strengthening the company's digital capabilities and customer experience.

Allcargo Global said it remains committed to maintaining high environmental, social and governance (ESG) standards across its operations.