Gati Limited (BSE: 532345)'s promoters may sell their stake to TVS Logistics Services Limited. An ETNow report suggested that a deal between Gati and TVS Logistics may be announced soon. Gati's promoters hold nearly 24% stake in Gati and the deal is likely to be at a 15% premium to the current market price.

The report, quoting sources, added that other investors may also decide to exit their stake. The Goldman Sachs Group, Inc. (NYSE:GS) holds nearly 7.1% while Kintetsu Group Holdings Co., Ltd. (TSE:9041) holds 4% stake in Gati. The deal will trigger an open offer due to the breach of limit.