Corporate News     08-Nov-16
Board of Allcargo Logistics approves buyback of equity shares
At meeting held on 07 November 2016
Allcargo Logistics announced that the Board of Directors of the Company at its meeting held on 07 November 2016 approved the following -

Buyback of up to 64 lakh equity shares of Rs 2 each representing 2.54% of the total outstanding equity shares of the Company at a price of Rs 195 per share (including a premium of Rs 193 per share).

Record date for buyback of shares is 18 November 2016.

Appoints Shruta Sanghavi as Company Secretary and Compliance Officer with immediate effect.

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