Allcargo Logistics Ltd Business Update Call Transcript

Dec 24, 2021 / 06:30AM GMT
Operator

Good afternoon, ladies and gentlemen. My name is Steven, and I'll be the moderator for today's conference call. I welcome you all to Allcargo Logistics Limited Business Update Call. We have with us from the management, Mr. Deepal Shah, Chief Financial Officer; and Mr. Ravi Jakhar, Chief Strategy Officer.

(Operator Instructions) Please note that this conference is being recorded. I now hand the conference over to Mr. Ravi Jakhar. Thank you, and over to you, sir.

Ravi Jakhar - Allcargo Logistics Limited - Chief Strategy Officer

Yes. Thank you. Good afternoon to all the participants. Thanks for joining the call. I hope that your family and friends are all keeping safe, and I pray for their well being. Amidst the rising cases of new variant, let's all continue to exercise greater caution.

Coming to the point for today's discussion. Today is a historic day for the company as we speak about the proposed scheme of demerger, which has been approved by the Board of Allcargo Logistics. This proposed demerger would allow our businesses to drive the next

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