Allcargo Logistics Limited announced that at its board meeting held on January 25, 2022 noted resignation of Mr. Parthasarathy Vankipuram Srinivasa as an Independent Director of the Company with effect from January 25, 2022 and approved his appointment as an Additional Non-Executive Non-Independent Director of the Company liable to retire by rotation with effect from January 25, 2022, based on the recommendation of the Nomination and Remuneration Committee of the Company and also appointed as the Vice Chairman of the Company with effect from January 25, 2022.