Repono subsidiary gets approval for Gati Shakti cargo terminal plan
- Repono Mathura Terminals Private Limited received approval for the Engineering Scale Plan from North Central Railway
- The approval covers the proposed Gati Shakti Cargo Terminal at Ajhais station on the MTJ-PWL section
- The subsidiary must deposit ₹10 lakh as security money to obtain permission for commencement of construction
- The project moves forward following In Principle Approval issued in March 2026
*this image is generated using AI for illustrative purposes only.
Repono Ltd announced that its step-down subsidiary, Repono Mathura Terminals Private Limited, has secured approval for the Engineering Scale Plan (ESP) for a proposed Gati Shakti Cargo Terminal (GCT) at Ajhais station.
The approval was granted by the competent authority of North Central Railway, Agra Division. This development enables the subsidiary to proceed with the development of the cargo terminal on the MTJ-PWL section in Uttar Pradesh.
Regulatory Approval Details
The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing confirms that the revised ESP submitted by Repono Mathura Terminals was approved vide Plan No. NCR/HQ/E/e-DAS/PLAN NO./AGC/151-2026.
The approval follows an online application submitted on February 11, 2026, and an In Principle Approval (IPA) issued on March 2, 2026. The specific regulatory reference cited is SEBI Circular HO/49/14/14(7)2025-CFD-POD2/II/3762/2026 dated January 30, 2026.
Next Steps for Construction
To commence construction, the subsidiary must deposit security money amounting to ₹10 lakh through a Demand Draft drawn in favour of the Sr. Divisional Finance Manager, Agra Division, North Central Railway. This requirement is in accordance with Para 08 of Schedule-I of the GCT Policy-2026.
The company stated that the actual impact will be informed to stock exchanges once necessary permissions for commencement of construction are received. The approval is subject to the fulfilment of applicable conditions by the subsidiary.
| Particulars | Details |
|---|---|
| Subsidiary Name | Repono Mathura Terminals Private Limited |
| Regulatory Authority | North Central Railway, Agra Division |
| Project Location | Ajhais Station, MTJ-PWL section |
| Approval Type | Engineering Scale Plan (ESP) |
| Security Money | ₹10 lakh |
| Status | Approved for development subject to conditions |
Historical Stock Returns for Repono
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +5.12% | +10.88% | -4.19% | +58.42% | -3.61% | -8.14% |
What is the projected timeline for Repono Mathura Terminals to complete the construction phase and commence operations at the Ajhais station?
How will the operational capacity of the new Gati Shakti Cargo Terminal impact Repono Ltd's revenue contribution from the logistics segment in the next fiscal year?
Are there specific environmental or land acquisition conditions attached to the ESP approval that could delay the commencement of construction?
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