ALLCARGO LOGISTICS LTD. - Intimation Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015

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02 Feb 2023
On 13th January, 2020, in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), read with Part A of Schedule III of the Listing Regulations, Allcargo Logistics Limited ('Company'), had informed you that the directors of the Company had approved the execution of definitive transaction documents ('Transaction Documents') with BRE Asia Urban Holdings Ltd., an entity controlled by funds managed or advised by affiliates of The Blackstone Group Inc. ('Blackstone'), which is a globally renounced real estate private equity investor, for the transfer of a part of the warehousing business of the Company. Pursuant to the Transaction Documents, Blackstone was to make an investment in the Company's subsidiaries through a combination of equity and debentures up to Rs. 380 Crores.
View all announcements for ALLCARGO LOGISTICS LTD.	Source: BSE India

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