Express logistics service provider Allcargo Gati Limited (BSE:532345), part of Allcargo Logistics Ltd, will be undertaking another round of sale of its non-core assets in December, as part of its asset-light strategy. ?We still have a few of them (non-core assets) left out and (for) a couple of them, we have already got the buyer and we will be releasing the news of sale in the next month itself,? said Pirojshaw Sarkari, Managing Director and Chief Executive Officer, Allcargo Gati Ltd, to ET Infra in an interaction on November 24, 2023.

He did not disclose the potential sale amount. As part of its strategy to hive off non-core assets, the company in the last few years has undertaken divestment of its holdings in cold chain solutions arm Gati Kausar India, sale of transport vehicles, buildings and land properties, among others. The company is also planning to sell off its fuel station business, which Sarkari outlined will require approval from the government.