Deal Closed | Gateway Distriparks Limited | Rights issue

The details of the deal are as under:

Sector: Logistics

Announcement Date: 20-Jul-2020

Completion Date: 20-Aug-2020

Name & Contact Details of Client: Gateway Distriparks Limited

Deal Description: Khaitan & Co acted as Indian legal counsel to the Issue in relation to the issuance of equity shares on a rights basis to the eligible equity shareholders of Gateway Distriparks Limited, aggregating to INR 11,597.66 lakhs (USD 15.90 million).

Total Consideration: INR 11,597.66 lakh (USD 15.90 million)

Team Members: Abhimanyu Bhattacharya (Partner), Gautham Srinivas (Partner), Devi Prasad Patel (Principal Associate), Sathvik Ponnappa (Senior Associate) and Sai Saket Rachakonda (Associate)

Role of Firm: Indian legal counsel to the Issue