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Gateway Distriparks Ltd's Subsidiary Acquires Chandra CFS And Terminal Operators Pvt Ltd

Monday, 4 Feb 2013 06:18am EST 

Gateway Distriparks Ltd announced that its wholly owned subsidiary, Gateway Distriparks (South) Pvt Ltd (GDSPL) has acquired 100% of the paid up equity share capital (INR17.50 Crore/ INR175 million) of Chandra CFS And Terminal Operators Pvt Ltd (Chandra CFS), an unlisted Pvt Ltd Co, for a net cash consideration of INR26.50 crores (INR265 million). Chandra CFS has been operating a Container Freight Station (CFS) at Nallur Village, Chennai for about five years, constructed on a 10.5-acre free-hold land with warehouses & container handling equipments. 

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13.4 +3.99%
19 Dec 2014