Allcargo Terminals approves ₹38.28 Cr. fundraise via warrants to fuel capacity expansion and new infrastructure.
Allcargo Terminals (ATL) has approved a fundraise of ₹38.28 crore through the issuance of 1.32 crore Fully Convertible Warrants to its Promoter Group. Priced at ₹29 each, the warrants, issued at a slight premium, represent around 5% of ATL’s post-conversion equity. The move, subject to shareholder and regulatory approval, marks the start of ATL’s ambitious three-year capacity expansion.
Currently handling 8.3 lakh TEUs annually across seven facilities, ATL aims to scale this to 13 lakh TEUs. Expansion will involve infrastructure upgrades at Mundra and Nhava Sheva, a new greenfield ICD in Farukhnagar, and improvements to existing hubs.
With core facilities operating at 80-85% capacity, the investment strengthens ATL’s multimodal footprint. Leadership reaffirmed commitment to capital-efficient, sustainable growth, aligned with India’s evolving logistics landscape.
