Allcargo Gati Limited, formerly known as Gati Limited, has officially announced the resignation of Mr. Mehernosh Nariman Mehta, the Chief Human Resources Officer (CHRO) at Gati Express & Supply Chain Private Limited (GESCPL), a material subsidiary of the company. This resignation will be effective from Thursday, January 2, 2025. As one of the Senior Management Personnel of Allcargo Gati Limited, Mr. Mehta's decision marks a significant development in the company's human resources and management structure.

This announcement adheres to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and aligns with guidelines set by SEBI's Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023. Allcargo Gati has disclosed the resignation details transparently, ensuring compliance with the regulatory framework governing listed companies.

Impact of the Resignation

Mr. Mehta played a crucial role in overseeing the human resources strategies of GESCPL, a key subsidiary focused on express and supply chain services. His leadership was instrumental in driving workforce efficiency and fostering a culture of excellence within the logistics and supply chain domain.

With Mr. Mehta's resignation, effective from January 2025, Allcargo Gati is expected to undergo a transitional phase, potentially reorganizing its HR strategies to align with its long-term growth objectives. This shift is part of the company's broader efforts to adapt to evolving industry demands and enhance its operational capabilities.

Background of the Announcement

GESCPL is a material subsidiary under Allcargo Gati Limited, which operates as a major player in the logistics and supply chain sector. Known for its commitment to operational excellence, GESCPL's leadership changes signify the dynamic nature of the logistics industry and the company's readiness to embrace change for sustained growth.

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