Allcargo Logistics’ two demerged units to invest over Rs. 1,000 crore on expansion
June 07 , 2023
Source: The Hindubusiness Line
Investment plans. Allcargo Logistics’ two demerged units to invest over Rs. 1,000 crore on expansion
Allcargo Logistics’ group is planning over Rs. 1,000 crore of investments by its recently demerged subsidiaries Allcargo Terminals and TransIndia Real Estate, both of which will also be listed on the bourses. The $2.5-billion group recently concluded a demerger that was done with a view to unlock value and also bring greater focus to existing lines of business.
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