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GMR Infrastructure News
27 Mar 2019
GMR Infra sells $1.16 billion stake in airports arm to Tata, GIC, SSG
After the deal, the company`s net debt will fall to 120 billion rupees, from 200 billion rupees in December 2018, while GMR Airports` debt will halve to 10 billion rupees.
30 Sep 2017
GMR infra to raise up to Rs 2,500 crore via issuing securities
GMR Group is a leading global infrastructure conglomerate with interest in various sectors including airport, energy and transportation.
02 Jun 2017
GMR Infra shares end nearly 14% up, mcap rises by Rs 1,238 crore
Shares of GMR Infrastructure on Friday ended with nearly 14 percent gains, adding Rs 1,238.11 crore to its market valuation, on reduction in the company's gross debt.
02 Jun 2017
GMR Infra's March quarter net loss widens to Rs 2,479 crore
GMR Group is a leading global infrastructure conglomerate with interests in airport, energy, transportation and urban infrastructure.
17 Jun 2016
GMR infra not to sell controlling stake in Hyderabad Airport
GMR Infrastructure on Friday denied selling controlling stake in Hyderabad Airport but added that it is exploring opportunities to raise funds.
09 May 2016
GMR Energy divests 30% stake to Malaysia firm at $300 million
GMR Infrastructure said on Monday that it has approved the proposed primary capital investment by Malaysian power utility Tenaga Nasional Berhad (Tenaga) in GMR Energy Ltd (GEL).
25 Mar 2016
GMR Group divests 51% stake in Karnataka road project for Rs 85 crore
"GMR Highways and GMR Infrastructure have signed a share purchase agreement with its joint venture partners to divest 51% stake in GMR OSE Hungund Hospet Highways Pvt Ltd (GOHHHPL)," GMR Infrastructure said in a BSE filing.
04 Dec 2015
GMR raises $300 mn from Kuwait Investment Authority
Kuwait Investment Authority has agreed to subscribe to a 60-year-long foreign currency convertible bonds (FCCB) due 2075.
14 Nov 2015
GMR Infra Q2 net loss narrows to Rs 399 crore
GMR Infrastructure on Saturday said its consolidated net loss in July-September quarter narrowed to Rs 398.67 crore on the back of better operating margins from power plants and robust traffic growth in airports.
26 May 2015
GMR Holdings to consider amalgamation with GMR Enterprises
GMR Holdings, the parent firm of GMR Infrastructure, Tuesday said its Board will consider the proposal of amalgamation with GMR Enterprises on May 29 as part of its corporate restructuring exercise.
25 May 2015
MAMPL exits DIAL, GMR airports acquires its 10% stake
GMR Airports, a subsidiary of GMR infrastructure, has acquired 10 percent additional stake from Malaysia Airports (Mauritius) Private Limited for a consideration of USD 80 million, raising its stake to 64 percent in Delhi International Airport Limited.
18 May 2015
Chinese companies to set up units at GMR's Kakinada SEZ; invest $3.5 bn
GMR Infrastructure has inked a pact with GIIC of China to set up units at its special economic zone (SEZ) in Andhra Pradesh`s Kakinada, which will attract an investment of $3.5 billion over the next five years, a company statement said on Monday.
18 May 2015
Chinese companies to set up units at GMR SEZ, to invest $3.5 bn
GMR Infrastructure Monday said it has inked pact with Guizhou International Investment Corp (GiIC), a consortium of three Chinese manufacturing firms, to set up units at its SEZ in Kakinada, a move that will see USD 3.5 billion worth of investments in the next 5 years.
05 May 2015
GMR Infrastructure promoters pledge 19.13% stake
GMR Infrastructure Tuesday said three of its promoters have pledged 19.13 percent stake in the firm in a series of transactions in the last week of April.
06 Apr 2015
GMR Infrastructure wins Rs 5,000 crore rail corridor project
GMR is not required to provide significant investment for the project since it is on an EPC basis, the statement added.
06 Apr 2015
GMR Infra-led consortium bags Rs 5,080-cr railway project
A GMR Infrastructure-led consortium has bagged an order for construction of 417 km-long eastern dedicated freight corridor railway project which is estimated to cost Rs 5,080 crore.
01 Apr 2015
GMR Infra to consolidate holdings in GMR Airports
GMR Infrastructure will acquire shares from investors in its subsidiary GMR Airports as the company looks to consolidate its holdings.
31 Mar 2015
GMR Holdings pledges 16.8 crore shares
Diversified group GMR Infrastructure's key promoter GMR Holdings has pledged 16.8 crore shares or about 3.85 percent stake in the company.
Delhi International Airport Ltd
17 Mar 2015
DIAL exits cargo services; sells stake to India Infra Fund
Delhi International Airport Ltd (DIAL), a subsidiary of GMR Infrastructure, has exited from cargo services at the Delhi airport by selling its entire stake to India Infrastructure Fund for Rs 29 crore.
14 Feb 2015
GMR Infra Q3 net loss widens to Rs 638.33 crore
GMR Infrastructure on Saturday reported a consolidated net loss of Rs 638.33 crore for the third quarter ended on December 31 due to higher finance cost.
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