Edition:
United Kingdom

People: Allcargo Logistics Ltd (ACLL.NS)

ACLL.NS on National Stock Exchange of India

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Shetty, Shashi 

Mr. Shashi Kiran Shetty is Executive Chairman of the Board, Managing Director of Allcargo Logistics Limited. Mr. Shetty started his career in the Logistics industry in 1978 with Intermodal Transport and Trading Systems Private Limited, Mumbai. Subsequently, he moved to Forbes Gokak, a TATA Group Company where he gained experience in port operations.In 1993 he founded Allcargo Logistics as freight forwarding privately held company.Over the years the company built capabilities in the NVOCC business and Multimodal Transport business. Acquisition of ECU Line- a Belgium based company, in 2005 helped the company evolve into a global player with over 142 offices in over 62 countries. Today the company operates in 5 continents, and is known as the second largest LCL consolidator globally. With a view to be the leading integrated logistics service provider the company has expanded businesses by acquiring two Hong Kong based freight forwarding companies, and also diversifying into shipping with the purchase of two general cargo vessels. With his charismatic leadership skills, Mr. Shetty has led Allcargo Logistics Ltd. to newer heights and it has been conferred with the prestigious "Logistics Company of the Year Award" in 2009 by NDTV Profit and also has been the finalist of Lloyd's List awards. Mr. Shetty was one of the finalists for the Ernst & Young Entrepreneur of the Year Award in 2007 and 2009. Mr. Shetty has been conferred with the E&Y Entrepreneur of the Year Award in services category in the year 2010 and has also won the ‘Face of the year’ award at the 4th Express Logistics and Supply Chain awards (ELSC) organized by the Economic Times & Future Group.

Basic Compensation

Total Annual Compensation, INR 52,855,700
Restricted Stock Award, INR --
Long-Term Incentive Plans, INR --
All Other, INR --
Fiscal Year Total, INR 52,855,700

Options Compensation

  Quantity Market Value
Exercisable -- --
Unexercisable -- --
Exercised -- --