Allcargo Gati , a prominent player in the Express Distribution & Supply Chain and Fuel Station segments, has released its audited financial results for the fiscal year ended March 31, 2022, revealing a mixed financial performance and several strategic decisions.

Financial Performance

The company reported a standalone net loss of ₹2,014.00 lakhs for the year, a significant improvement from the ₹17,632.00 lakhs loss recorded in the previous fiscal year. On a consolidated basis, Allcargo Gati saw an increase in revenue, reaching ₹1,48,994.00 lakhs compared to ₹1,31,424.00 lakhs in the prior year.

Key Board Decisions

New Statutory Auditor

The Board of Directors has recommended the appointment of S.R. Batliboi & Associates LLP as the new Statutory Auditor for a term of five years, replacing the current auditor, Singhi & Co.

Business Restructuring Evaluation

In a significant move, the Board has approved the evaluation of various restructuring options. These include potential merger, amalgamation, or demerger involving Allcargo Gati, its material subsidiary Gati-Kintetsu Express Private Limited, and the Contract Logistics division of its holding company, Allcargo Logistics Limited.

Policy and Operational Changes

The Board also approved several other important measures:

• Amendments to the Related Party Transaction Policy
• Adoption of a new insider trading code
• Closure of the Kathmandu branch office

Divestment of Gati Kausar India Limited

Allcargo Gati has transferred 69.79% equity in Gati Kausar India Limited to Mandala Capital AG Limited for ₹5.00 lakhs. As a result of this transaction, Gati Kausar has ceased to be a subsidiary of Allcargo Gati.

Exceptional Items

The company reported exceptional items totaling ₹2,296.00 lakhs, which included:

• Severance fees
• Asset impairments
• Various provisions

These exceptional items have likely impacted the company's financial results for the year.

The series of strategic decisions and financial outcomes reflect Allcargo Gati's efforts to streamline operations, improve financial health, and position itself for future growth in the competitive logistics and supply chain sector.

Allcargo Gati Limited (formerly known as Gati Limited) has announced an update regarding its Composite Scheme of Arrangement. The company informed that the National Company Law Tribunal (NCLT) hearing for the scheme has been rescheduled to September 24, 2025.

Hearing Postponement

The hearing was originally scheduled for August 13, 2025. However, due to time constraints, the matter was not called for hearing on that date. This development was communicated by the company through an official intimation to the stock exchanges on August 14, 2025, in compliance with Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015.

Composite Scheme Details

The Composite Scheme of Arrangement involves multiple entities within the Allcargo group:

1. Allcargo Logistics Limited ("Allcargo" or "Transferee Company 2" or "Demerged Company")
2. Allcargo Supply Chain Private Limited ("Transferor Company 1" or "ASCPL"), a wholly-owned subsidiary of Allcargo
3. Gati Express & Supply Chain Private Limited ("Transferor Company 2" or "GESCPL")
4. Allcargo Gati Limited ("Transferee Company 1" or "Transferor Company 3" or "Gati")
5. Allcargo Global Limited (formerly known as Allcargo Worldwide Limited, formerly Allcargo Ecu Limited) ("Resulting Company" or "AWL"), a wholly-owned subsidiary of Allcargo

The scheme is being pursued under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013.

Implications and Next Steps

The rescheduling of the NCLT hearing is a crucial development for Allcargo Gati Limited and its stakeholders. The outcome of this hearing could have significant implications for the company's structure and operations.

Allcargo Gati Limited has assured that this information is available on the company's website at www.allcargogati.com . Shareholders and interested parties are advised to stay tuned for further updates as the new hearing date approaches.

This corporate action underscores the ongoing evolution and strategic realignment within the Allcargo group, potentially aimed at optimizing its corporate structure and enhancing operational efficiency.