Gateway Distriparks Limited has submitted the Exchange a copy of Srutinizers report of Annual General Meeting held on September 25, 2025 along with a copy of minutes.
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Gateway Distriparks held its 20th AGM on September 25, 2025 via video conference and submitted the Scrutinizer's Report along with voting results. Five resolutions were passed — four ordinary and one special. The ordinary resolutions covered adoption of audited financial statements (standalone and consolidated) for FY25, confirmation of an interim dividend of Rs. 2.00 per equity share, reappointment of Mr. Samvid Gupta as a director (retiring by rotation), and appointment of M/s. Neeraj Arora and Associates as secretarial auditors. The special resolution approved the sale, transfer, or disposal of the company's assets, units, undertakings, divisions, or subsidiary investments, wholly or partially. Voting was conducted through remote e-voting and electronic voting during the AGM, with MUFG Intime India as the e-voting service provider and Harsh Oberoi of Oberoi & Associates as scrutinizer. Total shareholders on record date were 1,32,159.
The special resolution giving the board broad authority to divest assets or subsidiaries is a significant strategic move that could reshape the company's business portfolio. Shareholders should note notable institutional dissent (13-14%) on the financial statements adoption, director reappointment, and especially the asset sale resolution, with roughly 5 crore shares voting against the divestment approval, signalling some institutional reservations about the proposed restructuring.