The board will also recommend the proposal to shareholders for approval, subject to requisite statutory and regulatory clearances.
The company is in talks with lenders to raise this money to refinance part of its debt, which is due in October 2025, say sources, Net debt at Delhi International Airport Ltd stood at approximately Rs 12,500 crore, as of March 31, 2024.
After registering biometric at the kiosk, time taken by immigration agent/ officer at the counter will be minimised by more than 50%, says GMR
Last year, the smart meters arm of GMR won an order worth Rs 7,593 crore to implement a large-scale smart metering project under the DBFOOT (Design, Build, Finance, Own, Operate, and Transfer) model.
Prime Minister Narendra Modi inaugurated the expanded Terminal 1 of Delhi Airport, doubling its capacity to serve 40 million passengers annually, showcasing India's aviation ambitions.
About 1,634 shares advanced, 1,875 shares declined, and 123 shares unchanged.