Gateway Distriparks Limited has officially announced its acquisition of 25 acres of land in Indore for developing a new Inland Container Depot (ICD) through a regulatory filing under SEBI Regulation 30. The company issued a press release detailing this strategic expansion into Central India, marking its first venture into Madhya Pradesh.

Project Investment and Capacity

The comprehensive ICD development project involves substantial investment and infrastructure planning:

Regulatory Approvals and Development Status

The project has secured crucial regulatory clearances for development. The proposed ICD has already received In-Principle Approval from Indian Railways, enabling the company to proceed with infrastructure development. The facility will be developed with two rail sidings to handle the planned capacity efficiently.

Strategic Market Positioning

This expansion represents Gateway Distriparks' inaugural entry into Central India's logistics market. The Indore facility will serve a wide regional catchment including Indore, Pithampur, Dewas, Dhar, Mhow, Ujjain, Sanwer, and surrounding industrial clusters. The ICD will handle diverse cargo including auto components, pharmaceuticals, chemicals, polymers, textiles and garments, and agricultural products.

Management Commentary

Prem Kishan Dass Gupta, Chairman & Managing Director, emphasized the strategic importance of this expansion: "While Gateway remains strongly focused on the EXIM market, the Indore ICD will also strengthen our domestic container logistics and rail-based distribution network. This will enable manufacturers and shippers in the region to access cost-efficient containerised movement not only to ports, but also across India's key consumption and industrial corridors."

Infrastructure Benefits

The ICD is positioned to benefit from the upcoming Indore-Dahod rail line, which is expected to reduce rail lead distance from Indore to JNPT and accelerate the shift of container movement from road to rail. Once operational, the facility will provide integrated services including rail transportation for EXIM and domestic containers, container handling, bonded warehousing, and last-mile road distribution.

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.