Business Standard

Monday, December 23, 2024 | 01:39 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Gateway Distriparks surges 15% as Board approves business restructuring

The company said its board approved to explore various structures for streamlining the businesses currently being carried out by different group entities

Gateway Distriparks surges 15% as Board to mull restructuring plan
Premium

GDL is one of the leading integrated inter-modal logistics facilitators in India

SI Reporter Mumbai
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

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in