Allcargo Logistics Ltd planned CEO transition

The company announced that MD & CEO Ketan Kulkarni will resign effective December 31, 2026 to take on a new group role, while Vijay Nehra has been appointed Chief Transformation Officer and MD‑designate from October 1, 2026 and is slated to become MD & CEO from January 1, 2027 (subject to shareholder approval), marking a planned succession after the group’s restructuring into four listed entities. Operationally, Allcargo swung back to a Q1 FY27 profit (PAT ~₹15 crore) after the NCLT‑approved restructuring that consolidated its domestic express and consultative logistics businesses, with domestic express volumes up nearly 7% YoY to over 312,000 tonnes; management has guided to crack double‑digit EBITDA margins by FY28, leveraging AI for fleet turnaround prediction, route optimisation and yield management. Shares were trading around ₹10.04–₹10.19 on October 8, with a market capitalisation near ₹2,700–₹2,800 crore and a 52‑week range of ₹8.01–₹14.98.