Gateway Distriparks Promoters Buy 2.46M Shares Amid Cheaper Prices

Share market
C
CNBC Awaaz•06-12-2025, 08:16
Gateway Distriparks Promoters Buy 2.46M Shares Amid Cheaper Prices
- •Perfect Communications Private Limited, a promoter group company, purchased 2,464,591 shares of Gateway Distriparks.
- •The acquisition, made on December 4, 2025, increased the promoter's stake from 2.66% to 3.15%.
- •This open market purchase is viewed as a positive signal, indicating promoter confidence in the company's future and growth prospects.
- •The disclosure was made to comply with SEBI's Substantial Acquisition of Shares and Takeovers (SAST) Regulations, 2011.
Why It Matters: Promoter buying shares signals confidence in Gateway Distriparks' future.
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