Allcargo Global Logistics Ltd has informed BSE pursuant to the Order of the Hon'ble High Court passed on December 14, 2007 and as directed therein, meetings of the Secured Creditors, Unsecured Creditors and Equity Shareholders of the Company were held on January 22, 2008, for considering and if thought fit, pass with or without modification(s) the Scheme of Arrangement between the Company and Transindia Freight Services Pvt Ltd, inter-alia, comprising of demerger of Project and Equipment Division of Transindia Freight Services Pvt Ltd in favour of the Company with effect from January 01, 2007 ('Appointed Dated'). At the said meetings, the Secured Creditors, Unsecured Creditors and Equity Shareholders of the Company have approved the Scheme of Arrangement unanimously. The Scheme approved by the Creditors and Shareholders of the Company, will now be subject to further approval of the Hon'ble Bombay High Court. Allcargo Global Logistics Ltd has informed BSE that the Hon'ble Bombay High Court on May 02, 2008 has approved the Scheme of Arrangement ('The Scheme') between the Company, Transindia Freight Services Pvt Ltd and their respective shareholders and creditors made u/s 391 to 394 of the Companies Act, 1956, comprising of de-merger of the Project and Equipment Division of Transindia Freight Services Pvt Ltd in favour of the Company. The Scheme will become effective from January 01, 2007 i.e. the Appointed Date, upon filing of the High Court order with Registrar of Companies, Maharashtra, Mumbai. Upon the Scheme becoming effective and as envisaged therein, the Company will issue and allot its equity shares to the shareholders of Transindia Freight Services Pvt Ltd in the ratio of 518 Equity Shares of Rs 10/- each of the Company for every 100 Equity Shares of Rs 10/- each held in Transindia Freight Services Pvt Ltd. (As Per BSE Bulletin Dated on 05.05.2008) Trading members of the Exchange are hereby informed that the under mentioned new securities of Allcargo Global Logistics Ltd. (Scrip Code: 532749, ISIN No. INE418H01011) are listed and permitted for trading on the Exchange with effect from Tuesday, July 29, 2008 Securities 21,03,080* Equity Shares of Rs.10/- each issued to the shareholders of Transindia Freight Services Private Limited (TFSPL) pursuant to the scheme of Arrangement of the Company. Dist. Nos. 20259450 to 22362529 * These shares are ranking pari-passu with the existing equity shares of the company. 2. Trading members may please note that 5,25,770 equity shares are under lock-in up to July 30, 2011. 3.The brief particulars of the Scheme of Arrangement are as mentioned below: a)The Scheme of Arrangement of the company was approved by the Hon'ble High Court of Judicature at Bombay vide its Order dated May 02, 2008 b)Appointed Date: January 01, 2007. c)Effective Date: May 19, 2008. d)Date of Allotment: June 26, 2008. e)Exchange Ratio: Pursuant to the scheme, the Project and Equipment Division of TFSPL got demerged into the company and in consideration of said demerger the company had issued shares to the shareholders of TFSPL in the ratio of 518 equity share of Rs.10/- each of the company for every 100 equity shares of Rs.10/- each held in TFSPL. 4.The company's financial year ends on 31st March. (As Per BSE Notice Dated on 28.07.2008)