Shares of Gateway Distriparks (GDL) moved higher by 15 per cent to Rs 108.20 on the BSE on Thursday after the company announced its board has approved to explore various structures for streamlining the businesses currently being carried out by different group entities.
GDL is one of the leading integrated inter-modal logistics facilitators in India. Gateway Rail Freight, a subsidiary of GDL, provides inter-modal logistics and operates rail-linked Inland Container Depots.
GDL in an exchange filing said, the board of directors of the Company at its meeting held on September 3, 2020 have approved to explore various structures for streamlining