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Gateway Distriparks Limited has acquired 6,48,906 equity shares of Snowman Logistics Ltd, increasing its ownership from 48.19% to 48.58%. This acquisition, made through open market purchases on the NSE, reflects the company's continued investment in Snowman, likely to strengthen its foothold in the logistics sector. The total diluted share capital of Snowman remains at Rs. 1,67,08,79,950 with a total of 16,70,87,995 shares post-acquisition. This movement may enhance Gateway's strategic position and could be seen as a vote of confidence in Snowman's growth potential, suggesting a positive outlook for shareholders to monitor moving forward.