GMR Airports Approves ₹1,500 Cr Non-Convertible Bond Issuance

GMR Airports Ltd announced today, September 07, 2026, that its Management Committee has approved the issuance of 1,50,000 Non-Convertible Bonds (NCBs) aggregating up to ₹1,500 crores. These are listed, unsecured, rated, redeemable NCBs with a 5% coupon, denominated in INR, and have a tenure of up to 36 months. The primary purpose of this issuance is to refinance existing NCBs of a similar amount. The bonds will be listed on the WDM segment of BSE Limited, with coupon payments made annually and redemption at maturity with a premium. The company confirmed no prior delays or defaults in interest or principal payments on previous NCBs.