Allcargo Terminals Limited board of directors approved corrective and remedial measures to ratify material related party transactions with Allcargo Logistics Limited for the financial year 2024-2025. The decision was taken during a meeting held on October 14, 2026.

The ratification is subject to the approval of the company's shareholders. This step ensures compliance with applicable laws and regulations governing related party transactions. The board meeting commenced at 6:45 pm and concluded at 7:05 pm.

Next steps for shareholders

A postal ballot notice will be circulated to shareholders in due course. This notice will include an explanatory statement detailing the requisite information for the proposed ratification. Shareholders will vote on these transactions as per regulatory requirements.

The company has made the outcome available on its official website. Allcargo Terminals continues to maintain transparency regarding its corporate governance actions.

Allcargo Terminals reported a throughput of 61.8 '000 TEUs in September 2026, reflecting a 7% decline compared to the same month last year and a 6% drop from the previous month.

Volume performance overview

The September 2026 figures indicate a contraction on both a year-on-year and month-on-month basis, as detailed in the table below.

The throughput of 61.8 '000 TEUs in September 2026 represents a simultaneous decline against both the year-ago period and the preceding month, pointing to a contraction in volumes handled during the period.

Segment-wise breakdown

Detailed operational data reveals that the Container Freight Station (CFS) segment accounted for the majority of the traffic, while the Inland Container Depot (ICD) segment remained stable but lower.

The ICD operations are a joint venture with CONCOR. The drop in total volume is primarily attributed to the CFS segment, which fell from 59.0 '000 TEUs in September 2025 to 56.0 '000 TEUs in September 2026.