StockWatch
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Residential- Commercial Projects
Investment29 Jun 2026, 06:00 pm

GeeCee Ventures Invests ₹0.77 Cr in GMR Power and Urban Infra

AI Summary

GeeCee Ventures Limited has acquired an additional 77,500 equity shares in GMR Power and Urban Infra Limited (GPUIL) for ₹0.77 crores (76.72 lakhs) through open market purchases. This investment brings GeeCee Ventures' total investment in GPUIL to ₹3.89 crores, exceeding the SEBI disclosure threshold. The acquisition increases GeeCee Ventures' shareholding to 3,78,000 equity shares, representing 0.05% of GPUIL's paid-up share capital. GPUIL operates in the Power Generation sector and has diverse financial performance across FY25 and FY26. The shares are expected to be credited on June 30, 2026.

Key Highlights

  • GeeCee Ventures invested ₹0.77 Cr in GMR Power and Urban Infra.
  • Total investment in GPUIL now stands at ₹3.89 Cr.
  • Shareholding increased to 0.05% of GPUIL's paid-up capital.
  • Acquisition exceeds SEBI disclosure threshold.
  • Transaction involves cash consideration at ₹99 per share.