Outcome of Board Meeting

September 28, 2026 BSE Limited National Stock Exchange of India Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G, Dalal Street, Fort Bandra-Kurla Complex, Bandra Mumbai - 400 001 (East), Mumbai – 400 051 Scrip Code: 532749 Scrip Code: ALLCARGO Dear Sir/Madam, Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the “Listing Regulations”) read with Part A of Schedule III thereto, please be informed that the Meetings of the Governance and Nomination & Remuneration Committee (“GNRC”) and the Board of Directors of the Company (“the Company”) at the respective meetings held on September 28, 2026 had approved the following: 1. Noted the resignation tendered by Mr. Ketan Kulkarni (DIN: 10735941) from the position of Managing Director & Chief Executive Officer (CEO) of the Company vide his letter dated September 28, 2026, to undertake a new role within the Group. The resignation shall be effective from the close of business hours on December 31, 2026. Mr. Ketan Kulkarni will be moving from his current responsibilities to the new role within the Allcargo Group, as a Chief Growth Officer for the Group with effect from January 01, 2027. 2. Based on recommendation of the Governance and Nomination and Remuneration Committee, the Board approved appointment of Mr. Vijay Nehra (DIN: 07171885) as: a) Chief Transformation Officer & MD Designate with effect from October 01, 2026 till December 31, 2026; b) Additional Director with effect from October 01, 2026 and re-designate as Managing Director & Chief Executive Officer (CEO) of the Company, for a period of 5 (Five) consecutive years with effect from January 01, 2027, subject to the approval of Shareholders. The details in respect of the abovementioned change, as required under Regulation 30 read with Schedule III, Part A, Para A(7) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are enclosed as Annexure – A. A copy of the resignation letter dated September 28, 2026 received from Mr. Ketan Kulkarni, Managing Director & CEO, is enclosed herewith as Annexure -B. The meeting commenced at 3: 20 p.m. (IST) and concluded at 4:00 p.m. (IST). This intimation is also being uploaded on the Company’s website at https://www.allcargologistics.com/ Kindly take the above on record. Thanking you, Yours faithfully For Allcargo Logistics Limited Shekhar R Singh Company Secretary and Compliance Officer Membership No.: F12881 Encl.: as above ALLCARGO LOGISTICS LIMITED Allcargo House, 6th Floor, CST Road, Kalina, Santacruz (E), Mumbai - 400 098. Maharashtra. India. T: +91 22 6679 8110 | www.allcargologistics.com | CIN: L63010MH2004PLC073508 | GSTN: 27AACCA2894D1ZS e-mail id: investor.relations@allcargologistics.com Annexure-A The details in respect of the abovementioned change, as required under Regulation 30 read with Schedule III, Part A, Para A(7) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026: I. Resignation of Mr. Ketan Kulkarni (DIN: 10735941) Details of Event(s) Information of such event(s) 1 Name Mr. Ketan Kulkarni (DIN: 10735941) 2 Reason for change viz. Mr. Ketan Kulkarni resigned as Managing Director & CEO appointment, re-appointment, of the Company effective closing of business hours on resignation, removal, death or December 31, 2026, to take up new role within the Group. otherwise; Mr. Ketan Kulkarni confirmed that there is no material reason for my resignation other than stated herein. 3 Date of appointment / re- Effective from closing of business hours on December 31, appointment / cessation (as 2026 applicable) / resignation 4 Term of appointment/re- Not Applicable appointment; 5 Brief profile (in case of Not Applicable appointment) 6 Disclosure of relationships Not Applicable between directors (in case of appointment of a director) II. Appointment of Mr. Vijay Nehra (DIN: 07171885) Details of Event(s) Information of such event(s) 1 Name Mr. Vijay Nehra (DIN: 07171885) 2 Reason for change viz. Appointment of Mr. Nehra as: appointment, re-appointment, resignation, removal, death or a) Chief Transformation Officer & MD Designate with otherwise; effect from October 01, 2026, till December 31, 2026; b) Additional Director with effect from October 01, 2026, and re-designate as Managing Director & Chief Executive Officer (CEO) of the Company, for a period of 5 (Five) consecutive years with effect from January 01, 2027, subject to the approval of Shareholders. 3 Date of appointment / re- a) Chief Transformation Officer & MD Designate with appointment / cessation (as effect from October 01, 2026 applicable) / resignation b) Additional Director with effect from October 01, 2026 and re-designate as Managing Director & Chief Executive Officer (CEO) of the Company with effect from January 01, 2027 ALLCARGO LOGISTICS LIMITED Allcargo House, 6th Floor, CST Road, Kalina, Santacruz (E), Mumbai - 400 098. Maharashtra. India. T: +91 22 6679 8110 | www.allcargologistics.com | CIN: L63010MH2004PLC073508 | GSTN: 27AACCA2894D1ZS e-mail id: investor.relations@allcargologistics.com 4 Term of appointment/re- For a period of 5 (Five) years with effect from January 01, appointment; 2027, subject to approval of Shareholders 5 Brief profile (in case of Vijay Nehra is an accomplished business leader with appointment) extensive experience spanning general management, business transformation, supply chain, operations across industries including financial services, pharmaceuticals, FMCG, e-commerce, and technology-led businesses. Over the course of his career, he has led complex organizations, managed large-scale business operations, and held end- to-end responsibility for strategy, profitability, organizational transformation, and stakeholder management. In his last stint before joining Allcargo, he served as Chief Executive Officer of Ozone Pharmaceuticals Group, he led its transition from a promoter-operated enterprise to a professionally managed organization, driving business restructuring, technology implementation, talent renewal, and a performance-oriented culture. He also led the process of onboarding a private equity partner. Prior to this, he was the Chief Operating Officer of RattanIndia Enterprises Limited, with complete P&L responsibility across businesses spanning e-commerce, electric mobility, drones, and fintech. During his tenure with the Indiabulls Group, he held senior leadership positions across asset reconstruction, commercial lending, treasury, and investor relations, managing portfolio monetization, offshore fundraising, and transactions involving foreign portfolio investors. Earlier, at Hindustan Unilever Limited, Vijay held leadership roles across sales, planning, logistics, customer service, and supply chain operations and contributed to the company’s post-GST logistics blueprint. He began his career as a Master Mariner and Merchant Ship Captain, managing multinational teams and complex maritime projects. He holds a Post Graduate Programme in Management from the Indian School of Business, Hyderabad. He also holds a Bachelor of Nautical Sciences from T. S. Chanakya, University of Mumbai, graduating with distinction and ranking among the top five percent of his class. 6 Disclosure of relationships Mr. Vijay Nehra is not related to any of the Directors or Key between directors (in case of Managerial Personnel or Promoters and Promoter group of appointment of a director) the Company. 7 Information as required pursuant Mr. Vijay Nehra is not debarred from accessing the capital to BSE Circular with ref. No. markets and/or restrained from holding the position of LIST/COMP/14/2018-19 and the Director in any lis [Showing first 8,000 characters — download PDF for full document]