Allcargo Logistics Limited's Board of Directors, at its meeting held on May 14, 2026, approved an investment in Allcargo Group Services Private Limited, formerly known as Allcargo Warehousing Management Private Limited. The investment involves the acquisition of 2 equity shares at a value of Rs. 1,76,840/- each, with a face value of ₹10/- per share, on a private placement basis. This disclosure was made to the stock exchanges in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Investment Overview

The acquisition grants Allcargo Logistics a 25% stake in the equity share capital of the target entity. The transaction will be settled through cash consideration via banking channels and is expected to be completed within Financial Year 2026-27. No governmental or regulatory approvals are required for the completion of this acquisition.

The key details of the investment are summarised below:

Related Party Transaction and Rationale

The acquisition has been classified as a related party transaction. The promoters, promoter group, and group companies hold an interest in the target entity, as TransIndia Real Estate Limited — the holding company of Allcargo Group Services Private Limited — and Allcargo Logistics belong to the same promoter group. The investment has been confirmed to be conducted at arm's length.

The stated objectives of the investment are:

• To enable all group companies investing in the target entity to participate in its profits and contribute to its governance, commensurate with their respective shareholding.
• To ensure appropriate allocation of corporate and shared service costs among the group entities.

About the Target Entity

Allcargo Group Services Private Limited was incorporated on September 1, 2018, and operates in the logistics sector in India. The company has an authorised capital of Rs. 1,00,00,000/- (Rupees One Crore Only), divided into 10,00,000 equity shares of ₹10/- each. The entity has reported nil turnover for the last three years.

The investment was approved by the Board of Directors of Allcargo Logistics at its meeting on May 14, 2026, and the intimation was submitted to BSE Limited and the National Stock Exchange of India Limited in compliance with applicable SEBI listing regulations.

Allcargo Logistics Limited has announced the completion of dispatch of Postal Ballot Notice to members regarding the re-appointment of Mr. Sivaraman Narayanaswami as Independent Director for a second term. The Board of Directors had approved this decision through a circular resolution passed on April 23, 2026, following the recommendation of the Governance and Nomination & Remuneration Committee.

Board Approval and Key Details

The company's board has approved several key resolutions related to the re-appointment process:

Postal Ballot and E-Voting Schedule

The re-appointment requires shareholder approval, which will be sought through postal ballot using remote e-voting. The voting period is scheduled from April 28, 2026 to May 27, 2026. The company has informed BSE Limited and National Stock Exchange of India Limited about the completion of dispatch of Postal Ballot Notice to members. The information is also available on the company's website at www.allcargologistics.com .

Scrutinizer Appointment

To ensure transparency in the postal ballot process, the company has appointed Mr. Dhruvil Shah (FCS 8021, CP No. 8978), Partner at Dhruvil M. Shah & Co. LLP, Practising Company Secretaries, as the Scrutinizer. This appointment aims to conduct the postal ballot process in a fair and transparent manner.

Director Profile and Experience

Mr. Sivaraman Narayanaswami brings extensive experience to the board, with over four decades as a finance professional and organizational leader. His career spans 43 years, during which he has developed deep expertise in several key areas including strategy and business planning, organization building and transformation, capital raising initiatives, mergers and acquisitions, and investor relations management.

Professional Background

Mr. Narayanaswami's notable career achievements include his role as Managing Director and Group CEO at ICRA Limited. He also promoted 5E Finance Holdings Private Limited to establish infrastructure project finance platforms. His senior positions included President & Whole-time Director of L&T Finance Holdings Ltd. and COO at IL&FS. During his tenure at LTFH from 2006 to 2016, he played a crucial role in the company's transformation and growth, including the demerger of L&T's cement business.

Independence and Compliance

The company has confirmed that Mr. Narayanaswami is not related to any Director or Key Managerial Personnel of the company, maintaining his independence status. Additionally, he is not debarred from holding the office of director by virtue of any SEBI order or any other authority, ensuring compliance with regulatory requirements. This announcement was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.