ALLCARGO LOGISTICS LTD. - Clarification On Media Article Titled 'Delhivery In Talks To Acquire Logistics Firm Gati'

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24 May 2023
This is with reference to clarification on media article titled 'Delhivery in talks to acquire logistics firm Gati' dated 23 May 2023. We would like to clarify that said media article is without any substance and completely baseless. The Company is not in discussion with anyone regarding such sale. Gati is Allcargo's subsidiary and remains an important and integral part of Allcargo Group. We remain focussed on strengthening the Group's position in the fast-growing express logistics business segment. We would also like to confirm that the Company is not aware of any information which is required to be disclosed under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI Listing Regulations') and which has not already been disclosed to the stock exchanges.
View all announcements for ALLCARGO LOGISTICS LTD.	Source: BSE India

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