Allcargo Logistics and Allcargo Gati have undergone a significant leadership reshuffle effective November 1, 2025. Ketan Nishikant Kulkarni has been appointed as the new Chief Executive Officer and Managing Director (CEO & MD) of Allcargo Logistics Limited, moving from his previous leadership role at Allcargo Gati Limited. Alongside him, Deepak Jagdish Pareek takes over as Chief Financial Officer (CFO), and Shekhar R. Singh steps into the role of Company Secretary and Compliance Officer. These changes align with a broader restructuring and amalgamation strategy aimed at integrating domestic express distribution and contract logistics operations under the Allcargo Logistics brand for enhanced scale and growth.
Leadership Transition Highlights
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Ketan Nishikant Kulkarni is now CEO & MD after extensive experience as Chief Growth Officer at Allcargo Group and a 17-year stint at Blue Dart Express (DHL Group). He brings expertise in strategic growth, stakeholder management, and operational excellence, supported by roles in industry advocacy and investor relations.
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Deepak Jagdish Pareek joins as CFO, bringing more than two decades of experience in private equity, IPO processes, investment banking, financial strategy, and infrastructure financing. He is a Chartered Accountant (CA), Cost & Management Accountant (CMA), and CS (Inter), with a deep background in business advisory, audit management, digitisation, and internal controls.
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Shekhar R. Singh assumes the role of Company Secretary and Compliance Officer with over 18 years in secretarial and legal functions. He has held senior positions at leading organizations, including BSE, Hindustan Construction Company, and Tilaknagar Industries, focusing on compliance, governance, and regulatory matters.
Retirements and Continuity
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Adarsh Sudhakar Hegde, former MD, has retired from Allcargo Logistics Limited, marking the end of an era in company leadership.
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Ravi Jakhar retired as CFO but continues his engagement as the Group CFO and Director of Strategy, ensuring continuity in strategic direction.
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Swati Singh retired as Company Secretary and Compliance Officer, with Shekhar R. Singh stepping in to handle governance and compliance responsibilities.
Strategic Context and Industry Impact
This leadership reshuffle follows the completion of a major composite scheme of arrangement, approved by the NCLT, which merged the domestic supply chain businesses of Allcargo Gati and contract logistics entities into a unified Allcargo Logistics platform. The objective is to streamline operations, sharpen customer focus, and set the stage for robust growth in both express distribution and contract logistics.
Ketan Kulkarni expressed his commitment to driving Allcargo Logistics forward, emphasizing enhanced fundamentals, customer-centric innovation, and unified pursuit of scale and efficiency in the transformed organization.
These appointments signal the company’s intent to strengthen governance, unlock stakeholder value, and reinforce Allcargo’s leadership position in the Indian and global logistics industry.
