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BSE: 532345NSE: GATIISIN: INE152B01027

21st-Jan-2020 17:02Source: BSE

Gati - Announcement under Regulation 30 (LODR)-Allotment

This is in furtherance to our letter dated January 08, 2020 and pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the Company have approved the allotment of 1,33,33,340 (One crore thirty three lakhs thirty three thousand three hundred forty) equity shares each to Allcargo Logistics Limited on preferential basis having a face value of Rs. 2/- (Rupees Two Only) at a price of Rs. 75/- (Rupees Seventy Five Only) per share, in aggregating to the consideration of Rs. 100,00,00,500/- (Rupees one hundred crore five hundred only).

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