Allcargo Logistics demerger record date set for today
after close1 source ↓written by the desknot a recommendation
- became effective
- 1 Nov 2023
The record date for Allcargo Logistics' demerger of its international supply chain business into Allcargo Global is today. Shareholders will receive one share of Allcargo Global for each share held in Allcargo Logistics. The demerger became effective on 1 Nov 2023, with trading in Allcargo Gati shares suspended and set for delisting. 📉
This strategic restructuring may impact investor sentiment and trading activity in the logistics sector.
Not investment advice. For informational purposes only.