Updates
GMR Infrastructure Ltd has informed BSE that in April 2015, GMR Infrastructure Ltd (GIL) had exercised its call option right on the Compulsorily Convertible Preference Shares (CCPS) held by the private equity investors of GMR Airports Limited (GAL). Thereafter, GIL, GAL and the private equity investors have discussed the proposed restructuring of the terms of their investment in GAL and have now executed agreements, which will be effective only upon... The Current tariff to continue in Delhi International Airport Private Limited (DIAL)
GMR Infrastructure Ltd has informed BSE regarding "The Current tariff to continue in Delhi International Airport Private Limited (DIAL)". Allotment of US$ 300,000,000 principal amount of 7.5 per cent subordinated convertible bonds due 2075 (the Bonds) to Kuwait Investment Authority by GMR Infrastructure Limited (the Company)
With reference to the earlier announcement dated December 04, 2015 regarding the execution of the subscription agreement between the Company and Kuwait Investment Authority dated December 04, 2015 (the Subscription Agreement), GMR Infrastructure Ltd has now informed BSE that the management committee of the board of directors of the Company has approved the allotment of foreign currency convertible bonds to Kuwait Investment Authority as per the... Conference call with Investors/Analysts by GMR Infrastructure Limited (the Company)
GMR Infrastructure Ltd has informed BSE that:"GMR Infrastructure Ltd. (GIL) would be having a conference call with Investors/Analysts to discuss the fund raising of US$ 300 million through FCCB from Kuwait Investment Authority (KIA). The conference call is scheduled at 4.30pm IST on December 08, 2015." Clarifies on News Item
With reference to news reported in The Economic Times on December 07, 2015 -"Suitors Taxi on GMR Runway, the deal to value GMR Airports at around Rs. 10k cr.", GMR Infrastructure Ltd has submitted to BSE a copy of Clarification is enclosed. Clarification sought from GMR Infrastructure Ltd
The Exchange has sought clarification from GMR Infrastructure Ltd today with reference to news reported in The Economic Times on December 07, 2015 -"Suitors Taxi on GMR Runway, the deal to value GMR Airports at around Rs. 10k cr."The reply is awaited.
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 value GMR 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 months Execution 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)."