Allcargo Terminals Shares Extend Losses as Board Approves ₹80 Crore Rights Issue

On October 7, 2025, Allcargo Terminals shares fell for the second consecutive session, following the company's announcement to raise capital through a rights issue.

Allcargo Terminals Rights Issue Details

The board has approved a fundraise of ₹80 crore via the rights issue route. Under this plan, new shares with a face value of ₹2 each will be offered to existing eligible shareholders. Specific details regarding the issue price, entitlement ratio, and record date are yet to be disclosed.

A rights issue is a method companies use to raise funds by offering additional shares to their existing shareholders, typically at a discounted price compared to the prevailing market rate. Only shareholders who hold the stock as of the record date will be eligible to participate.

Allcargo Terminals Shares Performance

As of the latest trade, Allcargo Terminals' stock is down1.40% at ₹36.68 at 12:55 PM. The stock has now declined in 5 of the last 7 trading sessions, reflecting investor caution following the fundraising announcement.

Despite this recent weakness, the stock had witnessed a sharp rally of nearly 27% over four sessions between September 22 and 25 and posted a 5% gain last Friday before entering this two-day decline. On a year-to-date basis, however, the stock remains down by approximately 3%.

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