Shashi Kiran Shetty Family Trust has submitted a letter to Exchange on amendment to trust deed under Regulation 11(5) of The Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Date: October 15, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex, Bandra Dalal Street, Fort, Mumbai - 400 001 (East), Mumbai - 400 051 Scrip Code: 532749 Symbol: ALLCARGO Dear Sir/Madam, Sub: Intimation regarding SEBI Order granting exemption to Shashi Kiran Shetty Family Trust under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Ref.: SEBI Order number WTM/KCV/CFD/13/2026-27 dated October 14, 2026, granting exemption under Regulation 11(5) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (“the SAST Regulations”) I, Shashi Kiran Janardhan Shetty, the undersigned Trustee of Shashi Kiran Shetty Family Trust (“the Acquirer Trust”), hereby inform that the Securities and Exchange Board of India (“the SEBI”), vide its order number WTM/KCV/CFD/13/2026-27 dated October 14, 2026 (“the SEBI Order”) has granted an exemption to the Acquirer Trust from complying with the requirements of Regulations 3 and 4 of SEBI SAST Regulations in respect of the proposed direct acquisition of shares including voting rights in Allcargo Logistics Limited (“the Company”). Pursuant to the proposed transaction, the Acquirer Trust proposes to acquire upto 51,54,24,268 equity shares of the Company, representing 34.41% of the total paid-up equity share capital of the Company. As stated in the application submitted to SEBI, the proposed transaction is an internal re-organisation of shareholding within the promoter(s) and promoter(s) group for family succession planning. The proposed acquisition shall be undertaken in accordance with the terms and conditions as specified in SEBI Order and other applicable regulations/laws. The proposed acquisition will not result in any change in the ultimate beneficial ownership, economic interest, voting control or control of the Company. The aggregate shareholding of the promoter(s) and promoter(s) group will remain unchanged pursuant to the proposed acquisition by the Acquirer Trust. The exemption granted by the SEBI is limited to the open-offer requirements under Regulations 3 and 4 of SEBI SAST Regulations. A copy of the SEBI Order is enclosed for your information and records. Thanking you, Yours faithfully, For and on behalf of Shashi Kiran Shetty Family Trust Shashi Kiran Janardhan Shetty Trustee Encl.: Copy of SEBI Order Mr. Shekhar R Singh Company Secretary & Compliance Officer Allcargo Logistics Limited Date: October 15, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex, Bandra Dalal Street, Fort, Mumbai - 400 001 (East), Mumbai - 400 051 Scrip Code: 532749 Symbol: ALLCARGO Dear Sir/Madam, Sub: Intimation regarding SEBI Order granting exemption to Shashi Kiran Shetty Family Trust under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Ref.: SEBI Order number WTM/KCV/CFD/13/2026-27 dated October 14, 2026, granting exemption under Regulation 11(5) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (“the SAST Regulations”) I, Shashi Kiran Janardhan Shetty, the undersigned Trustee of Shashi Kiran Shetty Family Trust (“the Acquirer Trust”), hereby inform that the Securities and Exchange Board of India (“the SEBI”), vide its order number WTM/KCV/CFD/13/2026-27 dated October 14, 2026 (“the SEBI Order”) has granted an exemption to the Acquirer Trust from complying with the requirements of Regulations 3 and 4 of SEBI SAST Regulations in respect of the proposed direct acquisition of shares including voting rights in Allcargo Logistics Limited (“the Company”). Pursuant to the proposed transaction, the Acquirer Trust proposes to acquire upto 51,54,24,268 equity shares of the Company, representing 34.41% of the total paid-up equity share capital of the Company. As stated in the application submitted to SEBI, the proposed transaction is an internal re-organisation of shareholding within the promoter(s) and promoter(s) group for family succession planning. The proposed acquisition shall be undertaken in accordance with the terms and conditions as specified in SEBI Order and other applicable regulations/laws. The proposed acquisition will not result in any change in the ultimate beneficial ownership, economic interest, voting control or control of the Company. The aggregate shareholding of the promoter(s) and promoter(s) group will remain unchanged pursuant to the proposed acquisition by the Acquirer Trust. The exemption granted by the SEBI is limited to the open-offer requirements under Regulations 3 and 4 of SEBI SAST Regulations. A copy of the SEBI Order is enclosed for your information and records. Thanking you, Yours faithfully, For and on behalf of Shashi Kiran Shetty Family Trust SHASHI KIRAN Digitallysignedby:SHASHIKIRAN JANARDHANSHETTY DN:CN=SHASHIKIRAN JANARDHAN JANARDHANSHETTYemail= CHAIRMANOFFICE@ALLCARGOLO SHETTY GISTICS.COMC=INO=Personal Date:2026.10.1512:47:01+05'30' Shashi Kiran Janardhan Shetty Trustee Encl.: Copy of SEBI Order Mr. Shekhar R Singh Company Secretary & Compliance Officer Allcargo Logistics Limited WTM/KCV/CFD/13/2026-27 SECURITIES AND EXCHANGE BOARD OF INDIA ORDER UNDER SECTIONS 11(1) AND 11(2)(h) OF THE SECURITIES AND EXCHANGE BOARD OF INDIA ACT, 1992 READ WITH REGULATION 11(5) OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS) REGULATIONS, 2011 IN THE MATTER OF PROPOSED DIRECT ACQUISITION OF SHARES AND VOTING RIGHTS IN – TARGET COMPANY PROPOSED ACQUIRER Allcargo Logistics Limited Shashi Kiran Shetty Family Trust Background 1. Allcargo Logistics Limited (hereinafter referred to as the “Target Company”), a company incorporated on August 18, 1993 under the provisions of the Companies Act, 1956, has its registered office at 6th Floor, Allcargo House, CST Road, Kalina, Santacruz (East), Mumbai, Maharashtra- 400098. The equity shares of the Target Company are listed on BSE Ltd. (hereinafter referred to as “BSE”) and National Stock Exchange of India Ltd. (hereinafter referred to as “NSE”). 2. An application dated March 19, 2026 (hereinafter referred to as the “Application”), an Addendum to the Application dated September 07, 2026 and a Corrigendum and Addendum to the Application dated September 30, 2026 seeking exemption from the applicability of regulations 3 and 4 of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (hereinafter referred to as the “SAST Regulations, 2011”) was received by SEBI from Shashi Kiran Shetty Family Trust (hereinafter referred to as the “Acquirer Trust” / “Applicant”), through its trustee Mr. Shashi Kiran Janardhan Shetty, in the matter of proposed direct acquisition of shares and voting rights in the Target Company by the Acquirer Trust. Page of Details of the proposed acquisition: 3. The Applicant vide the aforesaid Application, Addendum and Corrigendum has, inter alia, submitted the following: (a) The issued and paid-up share capital of the Target Company is INR 2,99,55,56,938/- divided into 1,49,77,78,469 equity shares of INR 2/- each. The shareholding pattern of the Target Company, as on June 30, 2026, is as under: Table no. 1 Shareholding in the Target Company Sr. No. Name No. of shares % holding Promoters and Promoter Group Shashi Kiran Janardhan Shetty 51,54,24,268 34.41 2. Arathi Shetty 2,94,05,412 1.96 3. Adarsh Sudhakar Hegde 2,87,15,463 1.92 4. Shashi Kiran Janardhan Shetty (on 2,98,24,060 1.99 behalf of The Shloka Shetty Trust) 5. Vaishnavkiran Shetty* - - 6. Shloka Shetty* - - Total Promoter Shareholding (A) 60,33,69,203 40.28 B. Public shareholding 89,44,09,266 59.72 Total Shareholding (A+B) 1,49,77,78,469 100 *Note: There are various entities which are shown as part of promoter/promoter group of the Target Company in shareholding pattern filed with Stock Exchanges with Nil shares. However, names of only 2 entities marked [Showing first 8,000 characters — download PDF for full document]