Allcargo acquires gati
WebNov 9, 2024 · Allcargo Logistics Limited (BSE:532749) entered a Share Purchase Agreement to acquire 30% stake in Gati-Kintetsu Express Private Limited from KWE-Kintetsu World Express (S) Pte Ltd., and KWE Kintetsu Express (India) Private Limited on March 27, 2024. Kintetsu World Express, Inc. and Allcargo board has approved the … WebFeb 21, 2024 · Over the years Allcargo has done 19 acquisitions, with recent ones strengthening its position in Germany, a crucial market. The group has also set about an …
Allcargo acquires gati
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WebSep 13, 2024 · Mahendra Kumar Agarwal, the managing director of Gati, is not ready to step down from his position even after one of India’s largest logistics players, Allcargo, acquired a near 47 per cent ...
WebDec 6, 2024 · Allcargo will also be making an open offer for acquiring another 26% stake (3,17,42,615 shares) in Gati, as per Sebi norms, at a price of Rs 75 per share which translates into another Rs 238 crore ... WebDec 5, 2024 · After the deal, Allcargo will be classified as a promoter of Gati, along with existing promoters, and will have the right to nominate directors on the board (Photo: …
WebAdarsh Hegde takes over as MD of Allcargo Logistics firm Gati-KWE. Hegde will continue to be joint managing director of Allcargo Logistics. Allcargo Logistics today announced the … WebMar 5, 2024 · Mumbai: Allcargo Logistics on Wednesday said it has received markets regulator SEBI's approval to launch an open offer to acquire an additional 26 percent equity stake in logistics firm Gati. On completion of the open offer, which was announced when the deal was inked in December 2024, Allcargo will emerge as the controlling stakeholder in …
WebJul 30, 2024 · Allcargo acquires 65% stake in Swedish logistics firm Nordicon Group This is the third major acquisition of Allcargo since it bought ECU Worldwide in 2003-- first, a 33 per cent take and then increased it to 49.9 per cent in 2006. And in December 2024, it bought Gati, one of the express logistics leaders in the country, for Rs 416 crore. PTI
WebJan 28, 2024 · Allcargo Logistics Ltd has raised its stake in Gati Ltd to 20.8 per cent by acquiring an additional 7.5 per cent stake on Tuesday, consolidating its position as the single largest shareholder... chris hemsworth star trek 2009WebAllcargo Logistics today announced the appointment of Adarsh Hegde as the managing director of Gati-KWE, one of the key arms of the recently acquired Gati Ltd. Hegde, who … chris hemsworth spider manWebJan 22, 2024 · Allcargo Logistics, a multimodal logistics firm, has acquired around 13% in express logistics firm Gati Ltd, the company said in a statement. “In line with the … chris hemsworth star signWebJan 21, 2024 · The preferential allotment, it said, would result in Allcargo acquiring 10.91 per cent stake in Gati. Allcargo had acquired 27 lakh shares in Gati in the previous week through open market purchases. chris hemsworth star inWebJan 21, 2024 · Allcargo Logistics Ltd. said it has acquired about 13 percent stake in express distribution and supply chain solutions provider Gati Ltd. Allcargo said it is well on track to complete the process to acquire 44.5 percent stake in Gati. English Hindi. Explore. Hello BQ Prime Reader. 1:03 pm IST11 April 2024. ALL SECTIONS. chris hemsworth spider man 3WebJan 21, 2024 · New Delhi: Allcargo Logistics on Tuesday said it has acquired about 13 per cent stake in express distribution and supply chain solutions provider Gati Ltd. It said that the firm is well on track to complete the process to acquire 44.5 per cent stake in Gati. gen vi 454 timing chain setWebMar 4, 2024 · Allcargo Logistics is set to acquire a controlling stake in Hyderabad-based courier delivery services firm Gati. The company has received SEBI approval on its open … genvid technologies inc