Allcargo Global Logistics to raise funds

Allcargo Global Logistics Ltd has announced that the Board of Directors of the Company at its meeting held on October 12, 2007, has approved a find raising programme up to Rs 300 crs. through issue of equity shares and / or equity linked instrument / securities.

(AOL) is India's premier Company providing multimodal transport solutions, operating CFS, handling project cargo apart from providing airfreight and road transportation logistics.

The merchant bankers appointed for this purpose (in alpha order) are: CitiGroup, Collins
Stewart Inga Pvt Ltd and the Investment Banking arm of Kotak Mahindra Capital Company Ltd.