Gati shares rally 18% ahead of board meet to induct new financial or strategic partner

Logistic company Gati share price gained 18 percent intraday Tuesday ahead of board meeting on Thursday to discuss the possibility of inducting partner.

The company on Monday informed exchanges that a meeting of the board of directors will be held on Thursday, April 26 to review, consider and pass the enabling resolution for exploring the possibility of inducting a new financial/strategic partner.

Gati with new partner wants to augment the future growth of the company.

Further, accordingly the trading Window for dealing in the securities of the company will remain closed from the start of business hours of Tuesday, April 24 and the trading window will be open after 48 hours of the conclusion of the meeting.