Investment16 Jun 2026, 06:40 pm
GeeCee Ventures Invests ₹1.05 Cr in GMR Power and Urban Infra
AI Summary
GeeCee Ventures Ltd has invested ₹1.05 crores in GMR Power and Urban Infra Limited (GPUIL) by acquiring 1,00,000 equity shares through open market purchase. This brings the total investment in GPUIL to ₹2.11 crores, exceeding the SEBI disclosure threshold. The acquisition is part of GeeCee Ventures' investment activities and is considered a miniscule part of its investment portfolio. GPUIL operates in the power generation sector and has a significant presence in India with international operations through subsidiaries. The acquisition involved cash consideration at a price of ₹105.45 per share.
Key Highlights
- GeeCee Ventures acquired 1,00,000 shares of GMR Power and Urban Infra for ₹1.05 Cr.
- Total investment in GPUIL now stands at ₹2.11 Cr, exceeding SEBI disclosure limits.
- The investment is part of GeeCee Ventures' broader investment strategy.
- GPUIL is involved in the power generation industry.
- Acquisition was made via cash consideration at ₹105.45 per share.
Price Impact
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