Gateway Distriparks Limited has announced the re-appointment of Mr. Samvid Gupta as Joint Managing Director for a further term of five years, commencing February 07, 2027. This decision, approved by the Board of Directors, is subject to shareholder approval. Mr. Gupta, son of the Chairperson and Managing Director, has been instrumental in the company’s growth and holds significant responsibilities in business development, infrastructure expansion, and financial strategy.
Leadership Continuity at Gateway Distriparks
Gateway Distriparks Limited confirmed today, October 28, 2026, that its Board of Directors has approved the re-appointment of Mr. Samvid Gupta (DIN: 05320765) as the Joint Managing Director. This reappointment is for an extended period of five (5) years, effective from February 07, 2027, through February 06, 2032. The decision follows a recommendation from the Nomination and Remuneration Committee and is contingent upon the approval of the company’s shareholders.
Mr. Samvid Gupta’s Role and Experience
Mr. Samvid Gupta holds a Bachelor of Science in Business Administration from Boston University and brings over 12 years of experience in business management. His tenure at Gateway Distriparks began in May 2014. His key contributions include driving business growth, overseeing infrastructure expansion and capital investments for the Group’s container logistics network, managing financial strategy, and leading mergers & acquisitions activities. He also plays a crucial role in investor relations.
Mr. Gupta’s responsibilities encompass strategic planning, financial planning, business development, new projects, and business analysis. His expertise has been vital in developing end-to-end logistics solutions, enhancing capacity, and managing capital investments. He is also involved in fundraising initiatives and the acquisition of ICD Kashipur.
Furthermore, Mr. Samvid Gupta is a Promoter of the company and is related to other key management personnel; he is the son of Mr. Prem Kishan Dass Gupta, the Chairperson and Managing Director, and the younger brother of Mr. Ishaan Gupta, another Joint Managing Director. Mr. Gupta has confirmed that he is not debarred from holding the office of Director by any SEBI or statutory authority.
Terms of Re-appointment
The terms of Mr. Gupta’s re-appointment, as recommended by the Nomination and Remuneration Committee and approved by the Board, include eligibility for sitting fees for attending meetings. He may also receive a performance-linked commission if declared by the Company, within permissible limits. Notably, he will not be entitled to any salary or perquisites in his capacity as Joint Managing Director. His office will be subject to retirement by rotation as per the Companies Act, 2013.
Postal Ballot Notice
The Board has also approved the issuance of a Postal Ballot Notice to seek shareholder approval for the aforementioned re-appointment. This notice will be dispatched to shareholders in due course.
Source: BSE
