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Board of Gateway Distriparks decides on IPO of subsidiary

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Capital Market
Last Updated : Jan 29 2015 | 8:47 PM IST

At meeting held on 29 January 2015

Gateway Distriparks announced that the Board of Directors of the Company at its meeting held on 29 January 2015, in response to the notice received from Blackstone GPV Capital Partners (Investor) vide their letter dated 16 January 2015, have decided to initiate steps necessary for the IPO of the Company's subsidiary Company, Gateway Rail Freight, in accordance with the terms of the Share Subscription & Shareholders Agreement (SSHA) dated 09 November 2009 and applicable rules & regulations.

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First Published: Jan 29 2015 | 2:54 PM IST

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