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ALLCARGO GATI DEAL
Nandan Nilekani's wife acquires Rs 8.55 crore stake in this small-cap logistics firmRohini Nilekani, philanthropist and wife of Infosys co-founder Nandan Nilekani, purchased shares worth Rs 8.55 crore in logistics firm Allc...22 Sep, 2024, 04.05 PM IST- Allcargo Logistics closes 30% stake purchase from KWE in Gati subsidiaryAllcargo Logistics has acquired an additional 30% stake in Gati-Kintetsu Express, buying 150,000 shares for Rs 406.71 crore ($54.3m). This ...09 Jun, 2023, 01.14 PM IST
- Allcargo to buy its partner CCI's contract logistics businessAllcargo had bought a controlling stake in CCI in 2016 and subsequently formed the joint venture Avvashya CCI. It now holds slightly over 6...06 Mar, 2023, 06.14 PM IST
- Exclusive: Allcargo-owned Gati to buy out Japanese partner in JV this FY, says Gati CEO Pirojshaw Sarkari“Valuations are being discussed. When Allcargo bought Gati, there was an agreement made between Gati and Kintetsu World Express that for tw...04 Nov, 2022, 06.06 AM IST
- Allcargo board approves demerger of CFS/ICD, real estate businessesThe company’s container freight station and inland container depot businesses will be demerged into Allcargo Terminals Ltd, while its equip...24 Dec, 2021, 10.23 AM IST
- Mandala Capital buys Gati Kausar“Gati Kausar is an established, 35-year-old brand with a trusted name in the cold chain industry,” said Uday Garg, managing partner at Mand...16 Jul, 2021, 11.03 PM IST
- Gati Founder and MD Mahendra Agarwal resigns“Mr Agarwal is considered as a Pioneer of Express Cargo business in India and had set up Gati in 1989. Over the course of 30 years, he mana...29 Sep, 2020, 06.43 PM IST
- Hold Allcargo Logistics, target price Rs 93: ICICI SecuritiesThe brokerage is yet to factor in reduced debt due to the Blackstone deal.08 Jul, 2020, 10.21 AM IST
- Allcargo picks up another 7.5% stake in GatiThis will now trigger the open offer for Allcargo to buy a planned 44.5% in Gati.28 Jan, 2020, 09.04 PM IST
- Allcargo acquires 13% stake in GatiAllcargo said that the firm is well on track to complete the process to acquire 44.5 per cent stake in Gati.21 Jan, 2020, 09.40 PM IST
- Estranged family of Gati promoter want board reconstitutedBrothers Dhruv and Manish with their mother Neera Agarwal approached the Hyderabad bench of the NCLT seeking tribunal’s intervention in the...09 Jan, 2020, 08.02 AM IST
- Family feud at Gati may hinder share sale to Allcargo LogisticsOn December 5, Allcargo bought 10.38 million, or 8.51%, shares in Gati for Rs 77.8 crore.11 Dec, 2019, 08.07 AM IST
- Allcargo Logistics buys controlling stake in GatiThe all-cash deal will see the company eventually acquiring about 45% in Gati through a direct purchase of the promoters’ stake and a subse...06 Dec, 2019, 06.55 AM IST
- Allcargo plans to acquire up to 50% stake in GatiGati’s promoters owned 17.78 per cent in the company as of September end.04 Dec, 2019, 11.09 AM IST
- Gati jumps 5% as Allcargo Logistics deal likely this weekGati’s promoters, headed by Mahendra Agarwal, owned 17.78 per cent in the company as of September end.04 Dec, 2019, 10.52 AM IST
- Allcargo Logistics looks to pick controlling stake in GatiGoldman Sachs owned 5.93 per cent whereas Bay Capital India held 7.22 per cent25 Sep, 2019, 01.52 PM IST
- Allcargo in talks to buy controlling stake in GatiGati’s promoter Mahendra Agarwal owned a 24% stake in the company as of June 30. While it isn’t clear how much of that would be diluted, th...15 Aug, 2018, 07.19 AM IST
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