What happened to Gati?

What happened to Gati?

In 2020, it was acquired by Allcargo Logistics. Allcargo Logistics now holds controlling stake in the company along with the inclusion of some of its senior leaders and Board Members into Gati’s Board. Allcargo chairman Shashi Kiran Shetty took over as head of Gati in July. Allcargo Logistics now holds controlling stake in the company along with the inclusion of some of its senior leaders and Board Members into Gati’s Board. Allcargo chairman Shashi Kiran Shetty took over as head of Gati in July. Allcargo Logistics-owned Gati will buy out its Japanese partner Kintetsu Worldwide in a JV Gati-Kintetsu Express Private Limited this financial year. “We have already envisaged interest in buying them out. Allcargo Logistics-owned Gati will buy out its Japanese partner Kintetsu Worldwide in a JV Gati-Kintetsu Express Private Limited this financial year. “We have already envisaged interest in buying them out.

Who bought Gati?

Allcargo Logistics acquired Gati and now owns more than 50% stake in the company. KWE owns around 3.5% shares in the company. KWE India is the Indian subsidiary of KWE, which is part of the Kintetsu Group, a global conglomerate consisting of 130 affiliated companies. Gati-Kintetsu Express Private Limited (Gati-KWE) is a Joint Venture between Gati and Japan’s Kintetsu World Express (KWE) where KWE holds 30% stake and Gati holds the remaining 70%. Gati Limited is one of India’s premier Express Distribution and Supply Chain Management companies, committed to delighting customers with seamless, end-to-end logistics solutions backed by future-ready digital tools and technology. Gati Limited is one of India’s premier Express Distribution and Supply Chain Management companies, committed to delighting customers with seamless, end-to-end logistics solutions backed by future-ready digital tools and technology. Gati Limited is a listed public company incorporated on 25 April, 1995. It is classified as a public limited company and is located in Rangareddi, Telangana. In 2020, it was acquired by Allcargo Logistics. In 2020, it was acquired by Allcargo Logistics.

What happened to Gati?

In 2020, it was acquired by Allcargo Logistics. Allcargo Logistics now holds controlling stake in the company along with the inclusion of some of its senior leaders and Board Members into Gati’s Board. Allcargo chairman Shashi Kiran Shetty took over as head of Gati in July. Allcargo Logistics-owned Gati will buy out its Japanese partner Kintetsu Worldwide in a JV Gati-Kintetsu Express Private Limited this financial year. “We have already envisaged interest in buying them out. Allcargo Logistics-owned Gati will buy out its Japanese partner Kintetsu Worldwide in a JV Gati-Kintetsu Express Private Limited this financial year. “We have already envisaged interest in buying them out.