Allcargo Logistics Incorporates Step-Down Subsidiary in Turkey; Shares Down 3%

MT Newswires Live

04/09

Allcargo Logistics (NSE:ALLCARGO, BOM:532749) has incorporated a step-down subsidiary in Turkey named ECU ESC Turkey Lojistik Hizmet Merkezi Anonim Sirketi, according to a Tuesday filing to the Indian stock exchanges.

Asiapac Turkey Tasimacilik Anonim Sirketi, a step-down subsidiary of the company, holds a 100% shareholding in the new entity.

Shares of the company were down 3% in recent trade.

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Shares Down 3%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-04-09 12:12</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Allcargo Logistics (NSE:ALLCARGO, BOM:532749) has incorporated a step-down subsidiary in Turkey named ECU ESC Turkey Lojistik Hizmet Merkezi Anonim Sirketi, according to a Tuesday filing to the Indian stock exchanges.</p><p>Asiapac Turkey Tasimacilik Anonim Sirketi, a step-down subsidiary of the company, holds a 100% shareholding in the new entity.</p><p>Shares of the company were down 3% in recent trade.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NEX.SI","symbol_name":"绿达环球有限公司","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2526804115","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2526804115","pubTimestamp":1744171932,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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