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Allcargo Terminals to Issue 13.2 Million Convertible Warrants to Promoters, Signals Long-Term Commitment

Updated: July 15, 2025 12:52

Image Source: Business Upturn
Allcargo Terminals Ltd has announced the issuance of 13.2 million convertible warrants to its promoter group, reinforcing promoter confidence and long-term strategic alignment. The move is part of a preferential allotment plan aimed at strengthening the company’s capital base and supporting future expansion in container freight and inland depot operations.
 
Key Highlights:
  • The warrants will be issued at a price determined by SEBI’s preferential issue guidelines, with a conversion option into equity shares within 18 months.
  • Promoters are required to pay 25 percent upfront, with the remaining amount payable upon conversion.
  • The allotment is subject to shareholder approval and regulatory compliance under SEBI’s LODR framework.
Strategic Context:
  • Allcargo Terminals operates India’s largest network of Container Freight Stations (CFS) and Inland Container Depots (ICD), with facilities at JNPT, Mundra, Chennai, Kolkata, and Dadri.
  • The company recently leased 30 acres in Chennai for capacity expansion and reported steady CFS volumes of 51,400 TEUs in April 2025.
  • Promoter holding stood at 65.82 percent as of April 2025, and the warrant issuance is expected to reinforce control while providing growth capital.
Market Outlook:
  • Analysts view the move as a signal of promoter confidence amid rising demand for integrated logistics and warehousing services.
  • The capital infusion will likely support technology upgrades, land acquisition, and operational scaling in Tier-I and Tier-II port clusters.
Sources: Screener.in, Allcargo Terminals BSE Filings, Economic Times, Business Standard, Allcargo Group Investor Announcements (July 2025)

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