Allcargo Logistics, an integrated logistics solutions company on January 18 announced that the company's chief executive officer (CEO) Prakash Tulsiani resigned with effect from Jan. 16, 2021.

"Prakash Tulsiani has ceased to be CEO-CFS-ICD and key managerial personnel of the company with effect from the close of business hours of Jan. 16, 2021,” the logistic firm said on Monday.

Shares of Allcargo Logistics are trading at Rs 133.20, down Rs 0.4, or 0.30% at the Bombay Stock Exchange (BSE) on Monday at 1:16 p.m.

The scrip has touched an intra-day high of Rs 136 and low of Rs 131.70. The total volume of shares traded at the BSE is 28,416.

In the earlier session, the shares gained 0.15%, or Rs 0.19, at Rs 133.60.

Currently, the stock is trading down 14.15% from its 52-week high of Rs 155.15 and above 158.64% over the 52-week low of Rs 51.50.