Allcargo Terminals Limited has issued a postal ballot notice for seeking shareholder approval on four special resolutions through remote e-voting process. The notice, dated March 09, 2026, includes re-appointment of three independent directors and approval of Managing Director remuneration.

Postal Ballot Process Details

The e-voting process will commence on Thursday, March 12, 2026, at 9:00 a.m. (IST) and conclude on Friday, April 10, 2026, at 5:00 p.m. (IST). The company has engaged NSDL services for facilitating electronic voting, with the cut-off date set as Monday, March 09, 2026. Results will be announced on or before Tuesday, April 14, 2026.

Special Resolutions for Approval

The postal ballot seeks shareholder approval for four special resolutions covering director re-appointments and executive remuneration.

Independent Directors Profile

The three independent directors bring diverse expertise to the board. Mr. Mahendrakumar Chouhan, 70, holds an MBA with Finance specialization and serves as Founding Chairman of Fino Payments Bank. Mrs. Radha Ahluwalia, 53, is General Partner of Work Capital with over 25 years in industry leadership networks. Mr Prafulla Chhajed, 59, is a Fellow of ICAI and served as President of ICAI (2019–20).

Managing Director Remuneration Structure

The resolution seeks approval for Mr Suresh Kumar Ramiah's remuneration package, including salary up to ₹40,00,000 per month, performance-based variable pay, and long-term retention incentives. The package also includes 5,00,000 Employee Stock Appreciation Rights (ESAR) over four years.

Regulatory Compliance

The disclosure has been made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The postal ballot notice is available on the company's website, stock exchange websites, and NSDL's e-voting portal. All eligible shareholders whose email addresses are registered with depositories as on the cut-off date will receive the notice electronically.

Allcargo Terminals Limited has announced the execution of a Memorandum of Understanding with its promoter group entities for a potential lease arrangement in Gurugram, Haryana. The disclosure was made on February 23, 2026, pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

MoU Details and Parties Involved

The agreement involves three entities: Allcargo Terminals Limited (ATL), Allcargo Inland Park Private Limited (AIPPL), and TransIndia Real Estate Limited (TREL). Both AIPPL and TREL are promoter group entities of the company and classified as related parties.

Purpose and Scope of Agreement

The MoU establishes a broad understanding and framework for a potential transaction relating to lease or other suitable business arrangement. AIPPL will provide part of its land situated at Gurugram, Haryana to ATL for operating a Private Freight Terminal, alternatively referred to as Rail Connected ICD. The facility will comprise an inland container depot and allied infrastructure.

Financial Considerations

Under the current MoU terms, Allcargo Terminals Limited has agreed to pay Rs.5 crore as deposit. The complete financial details and consideration structure will be determined upon execution of definitive agreements between the parties.

Entity Size and Financial Standing

The standalone turnover figures as on March 31, 2025, demonstrate the scale of operations across the involved entities:

Strategic Rationale and Expected Benefits

AIPPL owns freehold and leasehold land situated at Gurugram, Haryana, which ATL intends to utilize for building and operating the Private Freight Terminal and ICD for business purposes. The arrangement leverages the strategic location and rail connectivity of the site.

Considering ATL's existing business of operating Container Freight Station and Inland Container Depots, the proposed PFT and ICD will provide additional capacity to handle container volume and contribute to profitability. The complete operational and financial benefits will be ascertained upon execution of final arrangements through definitive documents.

Next Steps and Regulatory Compliance

The company will make appropriate disclosures upon execution of definitive agreements in accordance with applicable laws and regulations. The arrangement remains subject to applicable approvals, including regulatory and corporate approvals as may be required. All related party transaction details and arm's length pricing information will be available only upon execution of final arrangements through definitive documents.