Gateway Distriparks informs about subsidiary company setting ups its fourth ICD

13 Jul 2015

Gateway Distriparks has informed that the Company’s subsidiary company - Gateway Rail Freight Limited (GRFL) -is setting up its fourth Inland Container Depot (ICD) at Viramgam near Ahmedabad in Gujarat. This will be a terminal on the confluence point of the two double stack routes between Garhi Harsaru in Gurgaon (Haryana) and two main ports on the west coast at Mundra and Pipavav in Gujarat. The terminal with the railway siding and container yard will be constructed over 35 acres of land acquired and is expected to be operational within a year. All the necessary regulatory approvals from Western Railway for this purpose are in place.

The above information is a part of company’s filings submitted to BSE.

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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