Investment19 Jun 2026, 06:30 pm
GeeCee Ventures Invests ₹0.98 Cr in GMR Power
AI Summary
GeeCee Ventures Ltd has invested an additional ₹0.98 crores (98.57 lakhs) in GMR Power and Urban Infra Limited (GPUIL) by acquiring 97,500 equity shares through open market purchase. This brings the total investment in GPUIL to ₹3.12 crores, exceeding the SEBI disclosure threshold. The investment is part of GeeCee Ventures' broader investment activities, with GPUIL operating in the power generation sector. The acquisition was made via cash consideration at a price of ₹101.1 per share.
Key Highlights
- GeeCee Ventures acquired 97,500 shares of GMR Power and Urban Infra for ₹0.98 Cr.
- Total investment in GPUIL now stands at ₹3.12 Cr, exceeding SEBI threshold.
- Acquisition made through open market purchase at ₹101.1 per share.
- GPUIL operates in the power generation industry.
- Investment is part of GeeCee Ventures' investment portfolio activities.
Price Impact
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