Allcargo Terminals volumes rise 11% to 61.7 '000 TEUs in May 2026

1 min read     Updated on 30 Jun 2026, 04:50 AM
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Reviewed by
Jubin VScanX News Team
AI Summary

Allcargo Terminals Limited reported total volumes of 61.7 '000 TEUs for May 2026, an 11% increase compared to May 2025 and a 4% rise from April 2026. The volume comprised 58.0 '000 TEUs from CFS operations and 4.0 '000 TEUs from ICD operations.

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*this image is generated using AI for illustrative purposes only.

Allcargo Terminals Limited has reported total volumes of 61.7 '000 TEUs for May 2026, marking an 11% increase compared to the same month in the previous year, May 2025. The company also recorded a 4% sequential rise when compared to April 2026, reflecting continued month-on-month growth in its terminal throughput.

Volume Performance Overview

The latest operational data highlights consistent growth across both year-on-year and sequential timeframes. The following table summarises the key volume metrics reported by Allcargo Terminals for May 2026:

Metric: Details
Total Volumes (May 2026): 61.7 '000 TEUs
Year-on-Year Change (vs. May 2025): +11%
Month-on-Month Change (vs. April 2026): +4%

Segment-wise Performance

The total volume comprised 58.0 '000 TEUs from CFS operations and 4.0 '000 TEUs from ICD operations. The ICD segment is a joint venture with CONCOR. The following table details the monthly performance trend from May 2025 to May 2026:

Month CFS ('000 TEUs) ICD ('000 TEUs) Total ('000 TEUs)
May-25 50.0 5.0 55.0
Jun-25 48.0 5.0 53.0
Jul-25 52.0 5.0 57.0
Aug-25 57.0 5.0 62.0
Sep-25 60.0 5.0 65.0
Oct-25 60.0 5.0 65.0
Nov-25 55.0 7.0 62.0
Dec-25 61.0 5.0 66.0
Jan-26 58.0 5.0 63.0
Feb-26 52.0 5.0 57.0
Mar-26 53.0 5.0 58.0
Apr-26 55.0 5.0 60.0
May-26 58.0 4.0 61.7

Historical Stock Returns for Allcargo Terminals

1 Day5 Days1 Month6 Months1 Year5 Years
-0.22%-3.28%-5.81%-11.81%-23.82%-49.51%

What factors are driving the sustained growth in CFS volumes, and can this momentum be maintained through the rest of FY26?

How will the recent decline in ICD volumes impact the joint venture's profitability and future expansion plans with CONCOR?

Are there any upcoming capacity expansions or new terminal acquisitions planned to support the increasing throughput?

Allcargo Terminals appoints Shashi Kiran Shetty as Non-Executive Director

1 min read     Updated on 29 Jun 2026, 01:36 PM
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Reviewed by
Shriram SScanX News Team
AI Summary

Allcargo Terminals Limited announced that its shareholders have approved the appointment of Mr Shashi Kiran Shetty as a Non-Executive, Non-Independent Director through a postal ballot process. The resolution received 99.93% of the votes polled in favour, with 74.24% of the total outstanding shares participating in the e-voting which concluded on June 26, 2026.

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Allcargo Terminals Limited has secured shareholder approval to appoint Mr Shashi Kiran Shetty as a Non-Executive, Non-Independent Director following a postal ballot process. The resolution, which required an ordinary majority, was passed with 99.93% of the votes polled in favour, marking a significant governance update for the company.

The remote e-voting process, conducted in accordance with Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, commenced on May 28, 2026, and concluded on June 26, 2026. A total of 187,135,184 votes were polled, representing 74.24% of the company's total outstanding shares. The appointment was deemed to be passed on the last date of the e-voting period.

Mr Vaibhav Dandawate, Partner of M/s. Makarand M. Joshi & Co., served as the scrutinizer for the postal ballot. The voting results were submitted to the stock exchanges on June 29, 2026, confirming that the requisite majority had been achieved for the special business. The company had appointed National Securities Depository Limited (NSDL) as the agency providing the remote e-voting facility.

The detailed voting breakdown reveals strong support across all shareholder categories. The Promoter and Promoter Group cast 165,902,939 votes, all in favour of the resolution. Public Institutions and Public Non-Institutions also voted overwhelmingly in favour, with 99.08% and 99.84% approval rates respectively within their categories.

Voting Results Summary

Category No. of Votes Polled Votes in Favour Votes Against % in Favour
Promoter and Promoter Group 165,902,939 165,902,939 0 100.00
Public Institutions 13,462,426 13,338,626 123,800 99.08
Public Non-Institutions 7,769,819 7,757,584 12,235 99.84
Total 187,135,184 186,999,149 136,035 99.93

The record date for determining the eligibility of shareholders was May 22, 2026. The company confirmed that there were no invalid votes cast during the process. The results and the scrutinizer's report are available on the company's website.

Historical Stock Returns for Allcargo Terminals

1 Day5 Days1 Month6 Months1 Year5 Years
-0.22%-3.28%-5.81%-11.81%-23.82%-49.51%

How will Mr. Shashi Kiran Shetty's appointment influence Allcargo Terminals' long-term strategic direction?

What specific governance initiatives can be expected from the board with this new appointment?

Will this leadership change impact Allcargo's partnerships or expansion plans in the logistics sector?

More News on Allcargo Terminals

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