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Gateway Distriparks' merger scheme gets NCLT nod, shares end flat

In Sept 2020, the firm announced a composite scheme of reverse merger to derive operational synergies and cost efficiencies and improve cash flow fungibility between the company and its arms

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Gateway Distriparks | NCLT

Aditi Divekar  |  Mumbai 



ibc

Logistics facilitator Limited today said that the Mumbai bench of National Company Law Tribunal (NCLT) has approved its petition pertaining to a scheme of amalgamation with two of its subsidiaries-- Gateway East India Private Limited and Gateway Rail Freight Limited.

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First Published: Fri, December 03 2021. 17:04 IST

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