Allcargo Logistics announced that the Board of Directors of the Company at its meeting held on 14 March 2016, inter alia, has:
1. Considered and approved payment of 2nd Interim Dividend of Re. 1/- per Equity Shares of Rs. 2/- each fully paid up (i.e.50%) on the expanded paid up capital of the Company for the year ended 31 March 2016. The 2nd Interim Dividend will be paid on or before 13 April 2016; and
2. Considered and approved, in-principle, setting up of Inland Container Depot and Logistic Park comprising of rail linked private freight terminal in the District Jhajjar, Haryana, subject to receipt of necessary statutory, regulatory and Shareholders approvals.
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