Allcargo Logistics gets nod to raise Rs 1,000 crore on private placement basis
23rd May 2019

Allcargo Logistics has received approval to raise funds upto Rs 1,000 crore by way of an issuance of Secured/Unsecured Non-Convertible Debentures and/or Bonds on a private placement basis in one or more tranches from time to time. The Board of Directors of the Company at its meeting held on May 22, 2019 has approved the same.

Allcargo Logistics is an India-based holding Company. The company is engaged in providing integrated logistics solutions. It offers logistics services across multimodal transport operations, inland container depot, container freight station operations, contract logistics operations etc.