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Corporate Announcement

Security Code : 532622    Company : GDL    
Gateway Distriparks - Updates on GDR issue 
  Exchange Disseminated Time     
Gateway Distriparks Ltd has informed BSE that the Company has successfully raised US $ 76.50 million through the issue of 15.0 million GDRs (excluding the greenshoe). Each GDR was priced at $5.10 (Rs 235.16) and represents one underlying share and will be listed on the Luxembourg Stock Exchange. The GDRs were placed through a book building exercise Citigroup and CLSA acted as bookrunners and joint lead managers on this transaction.

The proceeds of the Issue will be used to fund the growth of the company.


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