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Allcargo Terminals to expand capacity with ₹38.28 cr. infusion - Cargo Insights
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Allcargo Terminals to expand capacity with ₹38.28 cr. infusion - Cargo Insights
Allcargo Terminals approves ₹38.28 Cr. fundraise via warrants to fuel capacity expansion and new infrastructure. Allcargo Terminals (ATL) has approved a fundraise of ₹38.28 crore through the issuance of 1.32 crore Fully Convertible Warrants to its Promoter Group. Priced at ₹29 each, the warrants, issued at a slight premium, represent around 5% of ATL’s post-conversion equity. The move, subject to shareholder and regulatory approval, marks the st…
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