Allcargo Gati Announces 10.2% Price Hike for Express Distribution Services

1 min read     Updated on 29 Sept 2025, 08:08 PM
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Radhika SahaniScanX News Team
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Overview

Allcargo Gati Limited plans to implement a 10.2% average price increase for its express distribution services, effective January 1, 2026. The General Price Increase (GPI) aims to balance rising operational costs while investing in infrastructure, technology, and customer service. The company's CEO, Ketan Kulkarni, emphasized the importance of maintaining reliability. The price adjustment will support network expansion, fleet growth, and sustainable logistics practices. Allcargo Gati has recently introduced innovations such as handheld printers, improved POD accuracy, and a centralized Control Tower for enhanced shipment visibility.

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Allcargo Gati Limited , a leading player in India's Express Distribution and Supply Chain Management sector, has revealed plans to implement a significant price increase for its express distribution services. The company announced an average price hike of 10.2%, set to take effect from January 1, 2026.

Price Adjustment Details

The General Price Increase (GPI) will apply to Allcargo Gati's Express Distribution services, reflecting the company's efforts to balance rising operational costs while continuing to invest in infrastructure, technology, and customer service excellence.

Rationale Behind the Increase

Ketan Kulkarni, Managing Director and CEO of Allcargo Gati and GESCPL, emphasized the company's commitment to reliability: "At Allcargo Gati, reliability is the cornerstone of everything we do. Customers count on us to deliver on time, every time, and this price adjustment helps us protect that promise."

The price revision is aimed at:

  • Strengthening the company's operational backbone
  • Expanding hubs and fleet
  • Building resilient supply chain networks
  • Driving digital innovation

Recent Innovations and Improvements

Allcargo Gati has been focusing on enhancing its service quality through various initiatives:

  • Introduction of handheld printers for faster invoicing
  • Improved Proof of Delivery (POD) accuracy using Machine Learning
  • Establishment of a centralized Control Tower for real-time, end-to-end shipment visibility
  • Digitalization of its Enterprise Resource Planning (ERP) platform

These measures have significantly boosted reliability and transparency for customers.

Future Plans and Investments

Mayank Dwivedi, National Sales Head at Allcargo Gati Limited, highlighted the company's approach to balancing affordability with service quality. The revised pricing will support:

  • Ongoing network expansion, including the completion of planned metro hubs
  • Fleet expansion
  • Implementation of sustainable logistics practices

Industry Position and Coverage

Allcargo Gati maintains a strong presence across Asia, with a nationwide network covering 99% of India's districts. The company offers a range of services including Express Distribution, Air Freight, E-commerce, and First and Last Mile Logistics.

The price adjustment is seen as a strategic move to sustain operational excellence while maintaining Allcargo Gati's position as one of India's most trusted express logistics providers. As the logistics landscape continues to evolve, the company remains committed to providing reliable, technology-driven, and sustainable solutions to its customers and partners across various industry sectors.

Historical Stock Returns for Allcargo Gati

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Allcargo Gati Limited Shareholders Approve Key Leadership Appointments at 30th AGM

1 min read     Updated on 25 Sept 2025, 06:14 PM
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Ashish ThakurScanX News Team
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Overview

Allcargo Gati Limited held its 30th Annual General Meeting on September 25, 2025. Shareholders approved the re-appointment of Mr. Dinesh Kumar Lal as Independent Director for a second five-year term and the appointment of Mr. Ketan Nishikant Kulkarni as Managing Director & CEO for a two-year term. The AGM, conducted via video conferencing, saw 56 members participate. Six resolutions were passed, including the adoption of financial statements and appointment of secretarial auditors. The Chairman addressed the company's business overview and financial performance for FY 2024-25.

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

Allcargo Gati Limited , a prominent player in the logistics industry, held its 30th Annual General Meeting (AGM) on September 25, 2025, where shareholders approved significant leadership appointments and other important resolutions.

Leadership Appointments

The shareholders gave their nod to two crucial leadership positions:

  1. Re-appointment of Independent Director: Mr. Dinesh Kumar Lal has been re-appointed as an Independent Director for a second five-year term, from July 3, 2025, to July 2, 2030. Mr. Lal brings over 45 years of experience in the shipping industry, having held senior positions at A P Moller-Maersk and other major organizations.

  2. New Managing Director & CEO: Mr. Ketan Nishikant Kulkarni has been appointed as the Managing Director & Chief Executive Officer for a two-year term, from August 5, 2025, to August 4, 2027. Mr. Kulkarni previously served as Chief Growth Officer at Allcargo Group and has over three decades of experience across logistics, consumer durables, FMCG, and beverages sectors, including a 17-year tenure at Blue Dart Express.

AGM Proceedings

The AGM, conducted through Video Conferencing (VC) / Other Audio Visual Means (OAVM), saw the participation of 56 members. Key highlights of the meeting include:

  • The meeting was chaired by Mr. Dinesh Kumar Lal, Independent Director and Chairman of the Audit Committee and Nomination & Remuneration Committee, in the absence of Mr. Shashi Kiran Shetty, the Company's Chairman.
  • Six resolutions were put to vote, including the adoption of financial statements, appointment of directors, and the appointment of secretarial auditors.
  • The company appointed Messrs Puttaparthi Jagannatham & Co. as Secretarial Auditors for a term of five consecutive years.

Financial Performance

While specific financial figures were not provided in the AGM summary, the Chairman addressed the members on the business overview and financial performance of the Company for FY 2024-25, highlighting business achievements, economic and industry outlook, and future prospects.

Looking Ahead

With these leadership appointments, Allcargo Gati Limited appears to be positioning itself for future growth. The extensive experience of both Mr. Lal and Mr. Kulkarni in the logistics and shipping industries is expected to contribute significantly to the company's strategic direction and operational excellence.

The company's focus on governance is evident from the appointment of experienced leaders and the smooth conduct of the AGM in compliance with regulatory requirements. As the logistics sector continues to evolve, Allcargo Gati Limited's leadership changes signal its readiness to adapt and grow in a dynamic market environment.

Historical Stock Returns for Allcargo Gati

1 Day5 Days1 Month6 Months1 Year5 Years
-1.32%+0.45%-1.91%+1.99%-46.98%-56.25%
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