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Gateway Distriparks’ subsidiaries file joint application for amalgamation

15 Mar 2021 Evaluate

Gateway Distriparks’ (GDL) subsidiaries -- Gateway Rail Freight and Gateway East India have filed a joint application for amalgamation after getting approval from both the stock exchanges. The application with National Company Law Tribunal (NCLT) was filed on March 14 to begin next step of the process after BSE (earlier known as Bombay Stock Exchange) and National Stock Exchange (NSE) of India gave approvals.

Gateway Distriparks is engaged in the business of warehousing, container freight stations, providing handling and clearance of sea borne export-import trade in containerized form.

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