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Shares of Allcargo Logistics NSE -3.93 % hit 20 per cent upper circuit limit in Tuesday’s trade after the company said its board will meet on Thursday to consider a proposal for voluntary delisting of the company.

In a note to BSE, the company said it received a letter from Shashi Kiran Shetty and Talentos Entertainment, members of the promoters, wherein the two promoters expressed their intention to, either individually or collectively or together with other members of ...

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