ALLCARGO LOGISTICS LTD. - Board to consider Dividend

Allcargo Logistics Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 22, 2017, inter alia, to consider the following:<BR><BR>1. The Audited Standalone and Consolidated Financial Results of the Company for the year ended March 31, 2017;<BR><BR>2. Raising of funds upto Rs. 300 crores by way of issue of Secured/Unsecured Debenture and/or Bonds, subject to approval of the Members at the ensuing Annual General Meeting; and<BR><BR>3. Recommendation of dividend, if any, on the Equity Shares for the year ended March 31, 2017.<BR><BR>Further, in accordance with the Share Dealing Code of the Company, the Company has intimated its Designated Person regarding the closure of the trading window from May 15, 2017 and which would end after the completion of 48 hours after said results are made public.