GMR Smart Electricity Distribution gets Rs 7,593-crore order for smart meter installations in UPGMR Smart Electricity Distribution, a subsidiary of GMR Power and Urban Infra, has won a INR75.93bn ($1.02bn) contract to supply 75.69 lakh...
24 Jul, 2023, 01.17 PM IST
Record date today for GMR Infra shareholders to receive shares in new non-airport entityThe company’s board set 12 January as the record date as of which shareholders of 10 equity shares of Rs 1 face value in GIL will receive o...
12 Jan, 2022, 01.19 PM IST
GMR Infrastructure gets NCLT nod for demerger of non-airport businessGMR Infrastructure has received approval from the National Company Law Tribunal for the restructuring plan involving the demerger of the no...
23 Dec, 2021, 05.12 PM IST
GMR Infra gets nod from stock exchanges on proposed rejig planIn August this year, GMR Infrastructure unveiled a strategic group restructuring plan involving demerger of non-airport vertical business a...
21 Dec, 2020, 01.32 PM IST
GMR Infra to demerge energy, transport from airports bizAccording to the current structure, GPIL and GPUIL are fully-owned subsidiaries of GIL, which has 65.52 per cent promoter holding and 34.48...
28 Aug, 2020, 08.51 AM IST
GMR receives Rs 5,248 crore from Groupe ADPGMR Infrastructure said the group has received Rs 5,248 crore towards first tranche of payment from Groupe ADP.
26 Feb, 2020, 04.58 PM IST
Competition Commission of India gives nod to GMR-Groupe ADP deal for airport businessCompetition Commission of India has given approval for GMR group's proposed 49 per cent stake sale in its airport business to France's Grou...
21 Feb, 2020, 07.19 PM IST
GMR raises debt from Tata-GIC even as planned sale of airport biz pendingGMR has been looking at various options to pare its over Rs 20,000-crore debt.
09 Jan, 2020, 08.20 AM IST
Competition commission approves GMR Airports’ stake saleThe deal will bring Rs 8,500 crore to the company.
01 Oct, 2019, 07.54 PM IST
GIC, Mitsubishi in talks with GMR Infra to buy minority stake in Airport Hold CompanyGMR has for the last couple of years made efforts to divest its airport company, including via an IPO.
20 Feb, 2019, 08.56 AM IST
Malaysian Airport cancels Hyderabad airport stake sale planGMR Hyderabad International Airport is a joint venture company promoted by the GMR Group in partnership with Airports Authority of India, G...
04 Jan, 2019, 06.58 AM IST
Malaysia Airports cancels agreement To exit Hyderabad airportIt didn't elaborate. Senior executives at GMR couldn't be reached.
04 Jan, 2019, 12.01 AM IST
GMR Infra drops 4% despite settling arbitration case with lendersThe company said its private equity investors have decided to withdraw the ongoing arbitration.
08 Oct, 2018, 10.40 AM IST
GMR seeks to restructure portion of its Rs 4,000-crore debt liabilityMore than a dozen lenders — including US private equity giant KKR’s NBFC arm, Yes Bank, Srei Infrastructure, HDFC, L&T and Piramal Group — ...
20 Apr, 2018, 07.39 AM IST
GMR shareholders approve issue of preference shares, securitiesThe allotment of CCPS is in lieu of the investments made by Temasek, IDFC and other investors in GMR's subsidiary GMR Energy.
20 Mar, 2014, 08.52 PM IST
- GMR Group sells 4.15% stake in KVB for Rs 179 crore
GMR Group has sold 4.15% stake in Karur Vysaya Bank for about Rs 179 crore in a bulk market deal on the National Stock Exchange.
20 Apr, 2012, 08.27 PM IST
- GMR Infra seeks investors' nod for Rs 5,000-cr mop-up
The company proposes to raise the fund via GDRs, ADRs, FCCBs or placement with qualified institutional investors.
13 Jul, 2010, 03.01 AM IST