Board declares Second Interim Dividend

| Updated on March 14, 2016 Published on March 14, 2016

Allcargo Logistics Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 14, 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 March 31, 2016. The 2nd Interim Dividend will be paid on or before April 13, 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.

The Board Meeting commenced at 11.30 a.m. and concluded at 6.15 p.m.

Source : BSE - >www.bseindia.com

Published on March 14, 2016
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