Allcargo Terminals Secures ₹38.28 Cr for Capacity Expansion and New Logistics Facilities.

Allcargo Terminals Ltd. (ATL), a key player in India's logistics sector, has announced plans to raise ₹38.28 crore through the issuance of fully convertible warrants to its Promoters and Promoter Group. This strategic move aims to fund the company's ambitious three-year expansion plan, which includes boosting its cargo handling capacity and establishing new Container Freight Stations (CFS) and Inland Container Depots (ICD).