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Allcargo Logistics, India’s largest integrated logistics solutions provider, has received approval from the National Company Law Tribunal (NCLT), Mumbai Bench, for its Composite Scheme of Arrangement. The move will split the company’s domestic and international businesses into separate listed entities, marking a major step in its strategic restructuring.

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Allcargo Logistics gets NCLT approval for major restructuring
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Allcargo Logistics gets NCLT approval for major restructuring

Allcargo Logistics gets NCLT approval to demerge international and domestic businesses into separate listed entities.