| 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.