Allcargo Logistics has received NCLT approval for its restructuring plan, which involves demerging its international supply chain business into a new listed entity, Allcargo Global Limited.
Post-restructuring, the domestic express and contract logistics businesses — including Allcargo Gati, Gati Express & Supply Chain, and Allcargo Supply Chain — will be consolidated under the listed entity Allcargo Logistics Limited, the company said.