Monday, 30 December 2013

IL&FS Financial Services sells 15 lakh shares of Gati: Report

IL&FS Financial Services has reportedly sold 15 lakh shares of Gati through the open market route. The company has sold 6 lakh shares at Rs 35.75 per share on BSE, while remaining 9 lakh shares were sold at Rs 35.33 per share on NSE.

Gati is a leading player in express distribution and logistics and operates through two divisions - Express Distribution & Supply Chain (EDSC) and Coast- to-Coast (C2C) division. It also operates two container yards at Chennai and Port Blair which increases capability and provides for efficient handling of the cargo.

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