Oct 01, 2021 09:00 AM IST
GMR Infra’s demerger plan has entered the final leg. Will a separate listing of its airport business unlock value for investors?
- Sep 27, 2021 09:11 PM IST
Promoter Patel Shilpaben P sold 15.5 lakh shares or 4.3 percent shareholding in PSP Projects at Rs 423.07 per share.
- Aug 10, 2021 07:56 PM IST
The Board of GMR Infra is scheduled to meet on August 13 to consider the fund raise through issue of securities.
- Mar 08, 2021 03:18 PM IST
The share touched its 52-week high of Rs 29.95 on March4, 2021 and a 52-week low of Rs 14.10 on March 13, 2020,
- Feb 16, 2021 02:55 PM IST
- Feb 16, 2021 12:00 PM IST
- Dec 21, 2020 02:26 PM IST
The company said it will file the scheme with the National Company Law Tribunal (NCLT) within six months.
- Nov 11, 2020 08:05 PM IST
The company had posted a net loss of Rs 458 crore during the same quarter a year ago, GMR Infrastructure said in a BSE filing.
- Nov 11, 2020 12:33 PM IST
- Nov 11, 2020 12:33 PM IST
- Sep 30, 2020 10:04 AM IST
With stake sales bringing down its corporate debt, GMR is now a play on the resumption of air travel
- Sep 25, 2020 09:30 AM IST
The sale transaction shall be subject to receipt of regulatory and other statutory approvals.
- Aug 28, 2020 03:30 PM IST
The stock got traction after reports emerged that the company is going through a restructuring exercise that will result in it retaining just the airport business.
- Apr 13, 2020 12:05 PM IST
In February 2019, GMR Airports had emerged as the highest bidder for the project on a public-private partnership basis.
- Feb 26, 2020 05:15 PM IST
In a filing to stock exchanges on Wednesday, GMR Infrastructure said the group has received Rs 5,248 crore towards first tranche of payment from Groupe ADP.
- Feb 24, 2020 09:55 AM IST
Shares of the company got traction after the Competition Commission of India gave approval for the GMR group's proposed 49 percent stake sale in its airport business to France's Groupe ADP.
- Feb 11, 2020 11:39 AM IST
The concession period for the project is 35 years including Phase 1 construction of 5 years.
- Feb 04, 2020 12:41 PM IST
It is expected to start the airport operations in the first week of February 2020 with the operations of one daily flight connecting Bidar with Bangalore.
- Jan 16, 2020 12:30 PM IST
In a regulatory filing, GMR Infrastructure said it has decided to "increase the transaction size by agreeing to divest 49 percent in GMR Airports Limited (vs previously agreed 44.44 per cent) to TRIL Urban Transport Private Limited (part of TATA Group), an affiliate of GIC and SSG Capital Management... in one or more tranches".
- Jan 16, 2020 10:22 AM IST
The company has decided to increase the transaction size by agreeing to divest 49 percent in GMR Airports.
- Jan 10, 2020 04:01 PM IST
"The funds...have been raised by one of the step down subsidiary of the company, GMR Infra Services Limited (GISL). GISL has raised funds of Rs 2,000 crore through issuance of non-convertible debentures (NCDs), in the normal course of its business, primarily to retire some of its existing debt," GMR Infrastructure said in a filing to the NSE.
- Dec 04, 2019 08:12 AM IST
Trends on SGX Nifty indicate a negative opening for the broader index in India, with a 40 points loss or 0.33 percent. The Nifty futures were trading around 12,011-level on the Singaporean Exchange.
- Jul 04, 2019 08:45 PM IST
This sale will bring down GMR Group's debt pile which stood at Rs 21,000 crore as of March 2019, of which GMR Chhattisgarh Energy had an outstanding debt of Rs 5,926 crore.
- May 30, 2019 07:01 PM IST
GMR Infrastructure Ltd (GIL) consolidated total income stood at Rs 2,293.63 crore during the quarter, against Rs 2,234.88 crore in the same quarter in 2017-18, it said.
- May 30, 2019 11:13 AM IST