Pursuant to the Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), read with Part A of Schedule III of the Listing Regulations, this is to inform you that Allcargo Logistics Limited ('Company'), has entered into a Securities Purchase Agreement ('SPA') on February 21, 2023, with BRE Asia Urban Holdings Ltd. (the 'Seller') to acquire: (a) 5,40,000 (Five Lakhs and Forty Thousand) equity shares (representing 90% of the equity share capital), and (b) 1,07,78,147 (One Crore, Seven Lakhs, Seventy Eight Thousand, One Hundred and Forty Seven) Class A Optionally Convertible Debentures ('Class A OCDs') of Madanahatti Logistics and Industrial Parks Private Limited (the 'Target'')