News

The process to acquire the remaining 0.08% shareholding from Fourcee Infrastructure Equipments, which is in liquidation, has been initiated

This strategic expansion strengthens the company’s logistics network, offering enhanced services to customers across key industrial regions

This achievement marked an important step towards the connectivity of Gateway Distriparks on the DFC network using its second ICD in the National Capital Region

With this company’s shareholding in Snowman Logistics increased to 43.00% from 42.67%

The MMLP will serve key industrial zones including Surat, Panoli GIDC, Ankleshwar GIDC, Bharuch, Jhagadia GIDC, Dahej, Hazira among other prominent hubs in Gujarat

ICD Gurgaon is the largest hub of the company where Gateway Distriparks consolidates containers from its other locations in the North region

With this company’s shareholding in Snowman Logistics increased to 43.26% from 43.00%

This milestone marks Gateway Distriparks’ foray into domestic services from Ankleshwar to North India, further strengthening the company’s integrated logistics network

HDFC Asset Management Company’s shareholding in the company increased to 5.09%

The company will now commence construction of a new rail-linked Inland Container Depot

ICD Kashipur will add additional volumes to the rail operations of GDL

Total consolidated income of the company decreased by 3.39% to Rs 343.96 crore for Q3FY23

With this, the current shareholding of GDL in Snowman Logistics now stands at 50.01%

Total consolidated income of the company increased by 3.66% at Rs 390.84 crore for Q4FY23

GDL has a network of ICDs and five CFS pan-India, operating a fleet of 31 trainsets and over 500 trailers

This key development will significantly enhance operational efficiency, improve asset productivity for the company’s 31 trains

GDL operates a fleet of 31 rakes and will run services between ICD Kashipur and the maritime ports of Mundra, Pipavav and Nhava Sheva