GMR in talks to sell 30% in airports arm
PE firms Fairfax, KKR frontrunners for stake; GMR Airports plans to raise $500-700 million at $1.5 billion enterprise value07-12-2015
GMR in talks to sell 30% in airports arm
PE firms Fairfax, KKR frontrunners for stake; GMR Airports plans to raise $500-700 million at $1.5 billion enterprise valueGMR Infrastructure Limited raises US$300m (~Rs. 2000 Crores) from Kuwait Investment Authority through a 60 year FCCB
GMR Infrastructure Ltd has informed BSE regarding a Press Release dated December 04, 2015 titled "GMR Infrastructure Limited raises US$300m (~Rs. 2000 Crores) from Kuwait Investment Authority through a 60 year FCCB".GMR raises $300 mn by selling FCCBs to Kuwait Investment Authority
These bonds will fall due in 2075 but offer the option of being converted into the equity shares after a period of 18 monthsExecution of Bilateral Subscription Agreement in relation to the proposed fund raising by GMR Infrastructure Limited (the Company)
GMR Infrastructure Ltd has informed BSE regarding "Execution of Bilateral Subscription Agreement in relation to the proposed fund raising by GMR Infrastructure Limited (the Company)."Proposed fund raising by GMR Infrastructure Limited (the Company)
GMR Infrastructure Ltd has informed BSE that in accordance with the resolution passed by the managing committee of the board directors of the Company (the "Managing Committee") at its meeting held on December 04, 2015 in furtherance of the approval granted through the resolutions passed by the board of directors of Company (the Board) on August 13, 2015 and the shareholders at the annual general meeting held September 23, 2015 for the proposed...GMR Chairman receives lifetime achievement award
GMR Group Chairman, GM Rao, has received the lifetime achievement award during the sixth edition of the Asian Business Leadership Forum (ABLF) in Dubai. He was offered the ABLF Lifetim...Closure of Tradin Window
GMR Infrastructure Ltd has informed BSE that in continuation to earlier intimation dated December 01, 2015 and as per SEBI (Prohibition of Insider Trading) Regulations, 2015 and the Company's Code of Conduct for Prevention of Insider Trading and Code of Practices and procedures for Fair Disclosure of Unpublished Price Sensitive Information, the Trading Window for dealing in the securities of the Company is closed for Designated Persons of the Company...Management Committee Meeting on Dec 04, 2015
With reference to the approval of the resolutions passed by the board of directors of the Company (the Board) on August 13, 2015 and the shareholders at the annual general meeting (AGM) held on September 23, 2015 approving the proposed fund raising for an aggregate amount of up to Rs. 2,500 crores or equivalent thereof (the Issue) by way of equity shares / GDR / ADR / FCCB / etc in one or more tranches either in INR or Foreign currency....GMR Varalakshmi Foundation wins PHD Chamber award
GMR Varalakshmi Foundation (GMRVF), the Corporate Social Responsibility initiative of GMR Group, has won PHD Chamber Annual Awards for Excellence 2015. GMRVF was conferred the PHD Chamb...GMR Rajahmundry Energy begins commercial operation at 50% PLF
GMR Rajahmundry Energy Ltd (GREL), a subsidiary of GMR Energy Ltd, has commenced commercial operation of its 2X384MW gas-based combined cycle gas-based power plant in Rajahmundry, Andhra Pradesh.