Franklin Templeton Sells Gateway Distriparks Stake

Franklin Templeton Mutual Fund executed a significant portfolio adjustment, selling 772,229 shares of Gateway Distriparks Ltd on August 06, 2026. This transaction reduced its aggregate holding in the logistics firm from 3.116% to 2.962% of the total voting capital.

• Initial holding: 3.116%
• Shares sold: 772,229
• New holding: 2.962%
• Sale date: August 06, 2026
• Disclosure date: August 10, 2026

The sale, part of a broader portfolio adjustment across several Franklin Templeton schemes, was officially disclosed to the National Stock Exchange of India Ltd and BSE Ltd. This adherence aligns with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Saurabh Gangrade, Compliance Officer at Franklin Templeton Mutual Fund, confirmed the seller is not part of Gateway Distriparks Ltd’s promoter group.

Scheme-Specific Adjustments

The total diluted share capital of Gateway Distriparks Ltd remained unchanged at 499,643,836 shares following the transaction. The share sales were specifically distributed among three mutual fund schemes managed by Franklin Templeton.

• Franklin India Small Cap Fund
• Franklin Build India Fund
• Templeton India Value Fund

The Franklin India Small Cap Fund accounted for the largest portion of shares sold, significantly decreasing its stake by 0.114 percentage points. Post-sale, this fund maintains a 2.202% holding, remaining the largest single contributor to Franklin Templeton’s overall exposure in Gateway Distriparks. Adjustments in the other two schemes were minor, indicating routine rebalancing efforts.

Importantly, none of the shares involved in this portfolio rebalancing were encumbered or pledged either before or after the August 06, 2026, transaction. This move reflects a strategic recalibration within the fund’s diversified holdings.