Allcargo Logistics Limited has till now acquired 2,54,03,340 equity shares i.e. 20.83% stake of Gati Limited ("Gati") in the following manner:
- 1,33,33,340 equity shares at a price of Rs. 75/- per equity share through subscription to the preferential issue made by Gati vide allotment dated January 21, 2020;
- 57,81 ,601 equity shares through open market purchase till date; and
- 62,88,399 equity shares are purchased through Open Market from Mr Mahendra Kumar Agarwal, Mahendra Investment Advisors Private Limited and TCI Finance Limited, pursuant to Share Purchase Agreement executed on December 05, 2019.
Shares of ALLCARGO LOGISTICS LTD. was last trading in BSE at Rs.117.05 as compared to the previous close of Rs. 118.25. The total number of shares traded during the day was 106746 in over 4714 trades.
The stock hit an intraday high of Rs. 122.7 and intraday low of 116.3. The net turnover during the day was Rs. 12791887.