NSEAction(s) initiated or orders passed16 Jul 2026 · 16 Jul 2026, 05:51 pm

Action(s) initiated or orders passed

Allcargo Logistics Limited · ALLCARGO

✦ AI SummaryRegulatory

Allcargo Logistics Limited has received a Notice of Demand from the Income Tax Department for the block period from April 1, 2018 to April 5, 2025, resulting in a tax demand of ₹5,61,21,030. The company is in the process of examining the order and will evaluate appropriate legal remedies.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10

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Full Announcement

Notice Of Demand Dated June 30, 2026, Received From The Income Tax Department On July 1, 2026

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July 17, 2026 BSE Limited National Stock Exchange Limited Phiroze Jeejeebhoy Towers Exchange Plaza. C-1, Block C, Dalal Street Bandra Kurla Complex, Mumbai- 400001 Bandra East – Mumbai -400051 Scrip Code: 532749 Symbol: ALLCARGO Dear Sir/Madam, Sub.: Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the Listing Regulations) Ref.: Notice of Demand dated June 30, 2026, received from the Income Tax Department on July 1, 2026, bearing Reference No. OE-II/24 Pg 81/2026-27 Pursuant to Regulation 30 of the Listing Regulations, we wish to inform you that the Company has received a Notice of Demand from the Income Tax Department bearing Reference No. OE-II/24 Pg 81/2026-27, dated June 30, 2026, in respect of the assessment for the block period from April 1, 2018 to April 5, 2025. As per the said Notice, a demand of ₹5,61,21,030/- (Rupees Five Crore Sixty-One Lakh Twenty-One Thousand and Thirty only) has been raised against the Company. The details required to be disclosed under sub-para 20 of Para A of Part A of Schedule III of the Listing Regulations, read with the Industry Standards on Regulation 30, are enclosed as Annexure A. This is for your information and record. Thanking you. Yours faithfully, For Allcargo Logistics Limited Shekhar R Singh Company Secretary & 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 Sr. Particulars Details 1 Name of the listed entity Allcargo Logistics Limited 2 Name of the authority from whom Income Tax Department communication received 3 Type of communication received Notice under Section 154 of the Income Tax Act, 1961 4 Nature and details of the action(s) The Company received an assessment order taken, initiated or order(s) passed under Section 158BC of the Income-tax Act, 1961 for the block period from 01.04.2018 to 05.04.2025. Pursuant to the said order, tax demand raised of of ₹5,61,21,030. 5 Date of receipt of direction or order, July 1 , 2026 including any ad-interim or interim orders, or any other communication from the authority 6 Details of the violation(s) / Non-Disclosure of income contravention(s) committed or alleged to be committed 7 Impact on financial, operation or other The demand is due to the following notional activities of the listed entity, additions to total income: quantifiable in monetary terms to the a. Transfer pricing adjustments amounting extent possible to Rs. 7.05 cr for AY 2023-24 and AY 2024-25 on account of corporate guarantees given for international subsidiaries. b. Disallowance of salary expenditure at 10% of total expenditure attributable to services rendered for foreign subsidiaries. The above adjustments have no impact on the Company's operations, business continuity, or underlying financial position. 8 Details of any aberrations/non- NIL compliances identified by the authority in the communication 9 Details of any penalty or restriction or NIL sanction imposed pursuant to the communication 10 Action(s) taken by listed company with The Company is in the process of examining respect to the communication the aforesaid order and will evaluate appropriate legal remedies, including filing of appeal, as may be advised. The Company believes that it has adequate grounds to contest the demand and does not expect any material adverse impact on its financial position. 11 Any other relevant information Not Applicable 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