MoneyWorks4Me

Gati gets nod to allot 1.33 crore shares to Allcargo Logistics

22 Jan 2020 Evaluate

Gati has received Board of Directors’ approval for the allotment of 1.33 crore equity shares each to Allcargo Logistics on preferential basis having a face value of Rs 2 at a price of Rs 75 per share, in aggregating to the consideration of around Rs 100 crore.

Gati is a pioneer in express distribution and supply chain solutions in India.


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