Gateway Distriparks Announces Interim Dividend, Re-appoints Key Directors and Releases Quarterly Results
Gateway Distriparks Limited has announced its First Interim Dividend for the financial year 2026-27 and detailed key management changes following a Board meeting held on August 05, 2026. The company also made available its un-audited financial results for the quarter ending June 30, 2026.The Board of Directors declared a First Interim Dividend of Rs.1.25 (at 12.5%) per equity share of face value Rs.10/- for the Financial Year 2026-27. The company set August 11, 2026, as the Record Date to determine shareholder eligibility for the dividend. The payment is scheduled to be made within 30 days from the declaration date, on or before Thursday, September 04, 2026.
Board Decisions and Director Re-appointments
The company’s Board of Directors approved the re-appointment of two key personnel, Ms. Vanita Yadav as a Non-Executive Independent Director, and Mr. Ishaan Gupta as Joint Managing Director. Both appointments are set for a term of five consecutive years, commencing from December 27, 2026, and are subject to shareholder approval at the ensuing Annual General Meeting.The terms and details pertaining to these re-appointments have been summarized below:
| Particulars | Ms. Vanita Yadav (Non-Executive Independent Director) | Mr. Ishaan Gupta (Joint Managing Director) |
|---|---|---|
| Reason for Reappointment | To maintain Board composition as per Regulation 17 of the Listing Regulations. | As Joint Managing Director designated on the Board of the Company. |
| Term and Date | With effect from December 27, 2026 to December 26, 2031 (five years). | With effect from December 27, 2026 to December 26, 2031 (five years). |
| Terms of Re-appointment | Eligible for sitting fees. Eligible for Performance-linked Commission if declared by the Company. | Eligible for sitting fees. Shall be paid performance based profit linked commission if any is declared. Not eligible for Salary or Perks as Managing Director. |
| Relationship Status | Ms. Vanita Yadav is not related to any director of the Company. | Mr. Ishaan Gupta is a Promoter/Joint Managing Director and is the son of Mr. Prem Kishan Dass Gupta, Chairman & Managing Director, and the elder brother of Samvid Gupta, Joint Managing Director of the Company. |
Profile Details of Directors
Ms. Vanita Yadav possesses over 32 years of combined experience, including more than 27 years in the Government sector and five years in sustainability. She holds Bachelor's and Master's degrees in Electronics & Communication Engineering. Her expertise spans policy implementation, operational monitoring, institutional structuring, and stakeholder coordination within governmental bodies. In the last five years, her focus has been on the sustainability and environmental sector, specializing in green coal, waste management, and resource recovery.Mr. Ishaan Gupta holds a Bachelor of Science in Business Administration from Boston University, USA, and has more than 16 years of experience in business management across Strategic Planning, Human Rights, Information Technology, and Project Management. He has been associated with the Company since August 14, 2012, where his responsibilities include managing the company's interest in Snowman Logistics and spearheading digital initiatives for the Group.
GATEWAY Stock Price Movement
Shares of Gateway Distriparks Limited today slipped by 6.23% to close at ₹55.91, as the stock reacted negatively throughout trading hours. The equity saw significant activity, with a total traded volume recorded at 5.12 million shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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