Gateway Distriparks: Re-appoints Samvid Gupta as Joint MD for 5 Years

Gateway Distriparks Limited announced that its Board of Directors has approved the re-appointment of Mr. Samvid Gupta as Joint Managing Director for a further period of five years, commencing from February 07, 2027, to February 06, 2032. This re-appointment is subject to shareholder approval via a postal ballot. Mr. Gupta, who is also a promoter, will not receive a salary or perquisites in his capacity as Joint Managing Director but will be eligible for sitting fees and performance-linked commission. His existing term expires on February 06, 2027. The Board meeting where this was approved commenced at 12:05 PM IST and concluded at 01:30 PM IST on October 28, 2026.