Description

Allcargo Logistics Limited is demerging its International Supply Chain Business into Allcargo Global Limited effective November 12, 2025, with shareholders receiving 1:1 equity shares in the new entity.

Summary

Allcargo Logistics Limited (532749) is demerging its International Supply Chain Business into a new entity, Allcargo Global Limited, effective from the start of trading hours on November 12, 2025. Shareholders will receive 1 equity share of Allcargo Global Limited for every 1 equity share held in Allcargo Logistics Limited. A Special Pre-Open Session (SPOS) will be conducted on November 12, 2025, to enable price discovery for Allcargo Logistics Limited post-demerger. Allcargo Global Limited will be added to multiple BSE indices at zero price without divisor adjustment.

Key Points

  • Demerger of International Supply Chain Business from Allcargo Logistics Limited into Allcargo Global Limited
  • Share exchange ratio: 1:1 (1 equity share of Allcargo Global for every 1 equity share of Allcargo Logistics)
  • Special Pre-Open Session (SPOS) scheduled for price discovery of Allcargo Logistics post-demerger
  • Allcargo Global Limited to be listed on BSE at a future date (date to be announced)
  • Allcargo Global Limited will be added to 9 BSE indices at zero price after close of November 11, 2025
  • No divisor adjustment will be made for index additions

Regulatory Changes

No regulatory changes introduced. This is a corporate action notice regarding a demerger scheme of arrangement.

Compliance Requirements

  • Market participants should note the Special Pre-Open Session on November 12, 2025, for Allcargo Logistics Limited
  • Index tracking funds and portfolios need to adjust for the addition of Allcargo Global Limited to the following BSE Indices:
    • BSE SMALLCAP
    • BSE ALLCAP
    • BSE SERVICES
    • BSE 1000
    • BSE NEXT 500
    • BSE 250 MICROCAP
    • BSE 1000 MULTICAP EQUAL SIZE WEIGHTED (25%)
    • BSE MIDSMALLCAP
  • Queries should be directed to bseindex@bseindia.com

Important Dates

  • November 7, 2025: Notice date
  • November 11, 2025: Last trading day before demerger becomes effective (close of trading)
  • November 12, 2025:
    • Demerger effective from start of trading hours
    • Special Pre-Open Session (SPOS) for Allcargo Logistics Limited
    • Allcargo Global Limited added to BSE indices at zero price
  • Future date (TBA): Expected listing of Allcargo Global Limited equity shares on BSE

Impact Assessment

Market Impact:

  • High impact on Allcargo Logistics shareholders who will receive additional shares in the demerged entity
  • Price discovery through Special Pre-Open Session may result in significant price volatility for Allcargo Logistics post-demerger
  • Addition of Allcargo Global Limited to 9 BSE indices at zero price will affect index composition and weighting

Trading Impact:

  • Special Pre-Open Session on November 12, 2025, will affect normal trading operations for Allcargo Logistics
  • Market participants need to adjust positions and strategies to account for the 1:1 share distribution

Portfolio Impact:

  • Index funds tracking any of the 9 affected BSE indices will need to include Allcargo Global Limited in their portfolios
  • No immediate divisor adjustment means index values will not be directly impacted at the time of addition
  • Future price movements in Allcargo Global Limited will affect index performance once trading commences

Impact Justification

Major corporate restructuring involving demerger of business unit, Special Pre-Open Session for price discovery, and addition of new entity to multiple BSE indices affecting index composition and trading operations.