Investment18 Jun 2026, 06:50 pm
GeeCee Ventures Invests ₹0.03 Cr in GMR Power
AI Summary
GeeCee Ventures Ltd has acquired 2,500 equity shares of GMR Power and Urban Infra Limited (GPUIL) for ₹0.03 crores (2.54 lakhs) through open market purchase. This acquisition brings GeeCee Ventures' total investment in GPUIL to ₹2.14 crores, exceeding the disclosure threshold under SEBI LODR Regulations. GPUIL operates in the power generation sector and has reported varying turnover and profit/loss figures in recent fiscal years. This investment is described as a minor part of GeeCee Ventures' investment portfolio.
Key Highlights
- GeeCee Ventures acquired 2,500 shares of GMR Power for ₹0.03 Cr.
- Total investment in GMR Power now stands at ₹2.14 Cr.
- Acquisition exceeds SEBI disclosure threshold.
- GMR Power operates in the power generation industry.
- Investment is part of GeeCee Ventures' broader investment activities.
Price Impact
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