Gateway Distriparks Share Price

Gateway Distriparks Limited was formerly incorporated as Gateway Rail Freight Limited on April 06, 1994 and got Certificate of Commencement of Business on October 24, 1994. The Company is promoted by Mr. Prem Kishan Dass Gupta and his family and through the wholly owned companies, Prism International Private Limited and Perfect Communications Private Limited. Presently, it is in the business of providing intermodal logistics with three synergetic verticals Inland Container Depots (ICD) with rail movement of containers to major maritime ports, Container Freight Stations (CFS) and Temperature Controlled Logistics. The Company provides intermodal rail transportation service for EXIM containers between its raillinked ICDs at Gurgaon, Ludhiana, Faridabad and Viramgam and maritime ports at Nhava Sheva, Mundra and Pipavav. It has been a pioneer in providing regular train services for imports and exports carried by all major shipping lines and major customers with terminals strategically located at manufacturing hubs and aligned with the Western Dedicated Freight Corridor. In addition, it is a market leader in the CFS business with facilities at Navi Mumbai,Chennai, Visakhapatanam, Krishnapatnam and Kochi.The company operates a fleet of 31 rakes and 531 road trailers and has an overall annual handling capacity of over 650,000 TEUs at ICDs and 536,000 TEUs at CFSs with land banks available at existing locations to expand the capacities further. The quality infrastructure created by the company is recognised by our customers, and with heavy investment in technology, GDL is able to provide unmatched service levels to its customers.On 28th September, 2020 the Board of Directors had approved a Composite Scheme of Amalgamation of Gateway East India Private Limited (GEIPL) with Gateway Distriparks Limited (erstwhile holding company) and post the aforesaid amalgamation, Gateway Distriparks Limited amalgamated into Gateway Rail Freight Limited (GRFL) (now known as Gateway Distriparks Limited). The Honble National Company Law Tribunal, Mumbai Bench (NCLT) vide its Order dated 2nd December 2021 sanctioned the said Scheme of Amalgamation and effective from 28th December 2021, both GEIPL and GDL (holding company) were dissolved without being wound up as envisaged in Scheme. Pursuant to Scheme of Amalgamation, Gateway Distriparks Limited had merged with Gateway Rail Freight Limited and the name of Gateway Rail Freight Limited was changed to Gateway Distriparks Limited, effective from 11th February 2022.