Gateway Distriparks has made a significant strategic move by acquiring 25 acres of land in Indore for the development of a new Inland Container Depot (ICD). This expansion marks the company's first venture into Central India, representing a major milestone in its growth strategy.

Project Investment and Capacity

The new ICD development involves a substantial investment commitment from the company:

Strategic Expansion into Central India

This acquisition represents Gateway Distriparks' inaugural move into Central India's logistics market. The Indore facility will serve as a crucial hub for the company's operations in the region, potentially opening new avenues for business growth and market penetration.

Enhancing Domestic Logistics Capabilities

The new ICD is specifically designed to enhance the company's domestic logistics operations. With a planned annual handling capacity of 120,000 TEUs, the facility is expected to significantly boost Gateway Distriparks' overall operational capacity and service offerings in the Indian logistics sector.

Market Positioning

This expansion demonstrates Gateway Distriparks' commitment to strengthening its footprint across different regions of India. The Indore facility will complement the company's existing network and provide enhanced logistics solutions to customers in Central India.

Gateway Distriparks has witnessed an increase in promoter shareholding following a recent acquisition by Perfect Communications Private Limited. The promoter entity acquired 1,042,273 equity shares through open market purchases, increasing the promoter holding from 3.15% to 3.36%.

Acquisition Details

Perfect Communications Private Limited, identified as a promoter of Gateway Distriparks, increased its stake in the logistics company through this strategic purchase.

Regulatory Compliance

The disclosure was made in accordance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The notification ensures compliance with regulatory requirements for substantial acquisition disclosures.

Company Capital Structure

Gateway Distriparks maintains its total equity share capital at 499,643,836 shares, with a corresponding share capital value of ₹4,996,438,360. The company's shares are listed on the National Stock Exchange of India Limited, providing liquidity for investors and facilitating the recent open market transactions.

Promoter Information

Perfect Communications Private Limited, incorporated in 1990 with CIN U74899DL1990PTC039124, serves as the acquiring promoter entity. The company is headquartered in New Delhi and is managed by Ishaan Gupta as Managing Director. The acquisition represents a continued commitment by the promoter group to maintain and strengthen their position in Gateway Distriparks.

The transaction demonstrates the promoter's confidence in the company's prospects, with the open market purchase indicating a strategic decision to increase their stake in the logistics sector company. The acquisition was completed without any involvement of warrants, convertible securities, or other instruments that could affect the voting rights structure of the company.