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NSE lists Allcargo Global (AGL) shares on July 3 after demerger

Allcargo Global, the demerged international logistics arm of Allcargo Logistics, begins trading on NSE under symbol AGL from July 3, initially under trade-for-trade restrictions.

30 Jun 2026 Effective July 3, 2026 Affects: Shareholders of Allcargo Logistics who received AGL shares under the scheme of arrangement.

What changed

  • NSE admitted 982.8 million equity shares of Allcargo Global (AGL) for listing.
  • Shares to trade in Series 'BE' (trade-for-trade) before shifting to 'EQ'.
  • Listing follows NCLT-approved demerger from Allcargo Logistics.

The read

The demerger of Allcargo Logistics' international logistics business is now formalized with the NSE listing of Allcargo Global (AGL). 982.8 million shares are admitted, reflecting a broad shareholder base. From July 3, investors can trade them, but only under the Trade-for-Trade (BE) segment, which restricts intraday speculation and may limit liquidity. The shift to normal 'EQ' trading will follow later. For now, holders face settlement restrictions. The listing is a milestone, but initial trading constraints will shape the stock's price discovery.

Allcargo Global LimitedAllcargo Logistics Limited982,782,096 equity shares

Primary source: official circular (PDF)