In continuation of our intimation dated January 30 2026 regarding the proposed private placement/preferential issue by Allcargo Group Services Private Limited (Erstwhile Allcargo Warehousing Management Private Limited) ("AGSPL") a Wholly Owned Subsidiary of the Company we wish to inform you that AGSPL has not proceeded with the issuance of equity shares by way of private placement/preferential issue as the agenda matter is currently under further consideration by the proposed allottees.AGSPL continues to remain a Wholly Owned Subsidiary of the Company. The Company shall duly inform the stakeholders of reconsideration if any of private placement/preferential issue by AGSPL.Kindly take the same on your records.
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