Gateway Distriparks Limited
Franklin Templeton Mutual Fund decreased its stake in Gateway Distriparks from 3.84% to 3.72%, selling 6,00,000 shares worth ₹3.48 Cr at ₹57.93 apiece.
An integrated inter-modal logistics service provider operating a strategic network of inland container depots and container freight stations across India. The company manages a dedicated fleet of trainsets and trailers for rail and road transportation, offering general and bonded warehousing, container handling services, and comprehensive end-to-end logistics solutions tailored for the export-import industry with first and last mile connectivity.
Indian arm of Franklin Templeton Investments, a global AMC with over USD 1.5 trillion in assets worldwide. Manages over Rs 1.2 lakh crore in India. Navigated a significant setback when six debt schemes were wound up in April 2020 due to illiquid credit exposure, with full investor capital recovered by 2022. Equity franchise led by CIO Anand Radhakrishnan has maintained consistent performance through the volatility.