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Company Information

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ALLCARGO GATI LTD.

07 March 2025 | 12:00

Industry >> Couriers

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ISIN No INE152B01027 BSE Code / NSE Code 532345 / ACLGATI Book Value (Rs.) 54.36 Face Value 2.00
Bookclosure 10/09/2024 52Week High 120 EPS 0.99 P/E 63.92
Market Cap. 928.64 Cr. 52Week Low 58 P/BV / Div Yield (%) 1.16 / 0.00 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.

YEAR                                                      EVENTS
2000 - Gati Coast to Coast, a division of the Company introduced on the
             Chennai-Port Blair sector the largest and state-of-the-art
              vessel which can carry up to 100 containers per voyage.
- Gati Corporation, a pioneer in integrated logistics and distribution services, has tied up with NIIT to build and deploy a well-integrated end-toenterprise-wide integrated information system that can leverage the Web.

- Secunderabad-based Domestic Express logistics company, GATI Corporation Ltd., signed a memorandum of understanding with `Bhutan Post' for extending its services in the Himalayan Kingdom, as part of its strategy to make a foray into all Saarc countries. - Gati Corporation has signed a Memorandum with Bhutan Post to formalise a joint venture.

- Increase in Share Capital as compared to September, 1999 represents conversion of warrants into 3067801 Equity Shares of Rs. 10 each at a premium of Rs. 10 each on 14th Februrary.

- Gati Limited, a retail express company, has tied up with Maldives Post to door deliver all Maldives Post shipments in India. 2005 -Gati Ltd Issues Rights in the Ratio of 1:2

2006 -Company has splits its Face value of Shares from Rs 10 to Rs 2

2007

-Gati Ltd has signed Memorundum of Understanding (MoU) with China Railway Express International Logistics Company (CREIL) on January 11, 2007 which will enable both Companies (i.e., CREIL & the Company) to complement each other's strength and service the large base of customers in India and China arising out of the India-China bilateral trade.

2009

- Gati Limited has appointed Mr. Harry Lagad as Non-Executive and Independent Director of the Company w.e.f. January 20, 2009.

2010

- Launched Gati Redsun, Supply Chain Division - Gati's first step forward towards becoming a knowledge company and an integrated Supply Chain Solutions provider. - Launched Gati E-Commerce - 'makemygiftz.com', Gati's new web service to offer its customer an intefrated e-commerce platform linked to a physical distribution network.

2011

- "Gati becomes the first Surface Express Distribution Company to move shipments by road to Dhaka (SAARC countries)".

2012

- Gati signed a Joint Venture agreement with Kintetsu World Express for its Express Distribution and Supply Chain business.

- GATI-KWE won Express Logistics Supply Chain Award for Best Logistics Provider of the Year-Road 2012.

- Gati Ship announced a dedicated shipping route on the Chennai-Yangon-Chennai stretch.

- Launched Gati e-Commerce, a dedicated wing to aid the e-retail Giants in meeting the last mile delivery requirements. It also encompasses Gati Connect, an integrated web-store and the e-fulfillment centers.

2013 -Gati Express Coastal Service successfully completes its first voyage with a plaque exchange ceremony in Kochi". - "Gati infrastructure Builds Hydro-electric Power project in Sikkim & GE Energy Financial Services invests Rs. 257 Crores in the project". -Gati Ship and International Shipping Logistics FZE to launch a new Coastal Container Service between North India and South India. -Gati wins arbitration against Air India Arbitral Tribunal directs Air India to pay Rs. 26.82 Crore to Gati. -Gati-Kwe joins hands with Oxfam India to deliver aid to the flood affected people in Uttarakhand. -Gati won the "Best Road Service Provider of the Year" Award.

2014 -Gati signs MoU with Govt. of Uttarakhand to construct a Multipurpose Community Centre in Rudraprayag, Uttarakhand. -Gati Ltd. awarded second prize for 5s Excellence in the Services category by Confederation of Indian Industry. -Gati-Kwe wins two awards in "Road transportation" and "Achievement in continuous improvement" in Supply chain management.

2015 - Gati's Arbitral Award in Air India matter Upheld

2016 -Gati Kausar launches a state-of-the-art temperature controlled warehouse near Delhi -Gati to ink a deal with a logistics start up

2021 -Gati launches first transhipment centre in Haryana. -Gati launches Drushti Eye Camp in Hyderabad to impact over 7000 lives.