Board of Gateway Distriparks approves raising funds up to Rs 620 crore

Capital Market 

At meeting held on 24 December 2018

The Board of at its meeting held on 24 December 2018 has approved raising of funds upto Rs. 620 crore by issue of debt securities including nonconvertible debentures and any other instruments for making balance payment to complete the acquisition of Shares (CCPS) in subsidiary company, (GRFL) from Blackstone and towards expansion of business/other corporate purpose.

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First Published: Mon, December 24 2018. 12:25 IST