Board Meeting12 Aug 2026, 07:51 pm
GMR Airports Declares Un-audited Q1 FY27 Results; Approves Fund Raising
AI Summary
GMR Airports Ltd announced its un-audited financial results for the quarter ended June 30, 2026, on a standalone and consolidated basis. The Board of Directors also approved enabling resolutions for raising funds up to ₹5,000 crore through various securities and for issuing INR denominated Non-Convertible Bonds up to ₹1500 crore for refinancing existing debt. The company also submitted a statement on the utilization of proceeds from Non-Convertible Bonds.
Key Highlights
- Un-audited financial results for Q1 FY27 declared.
- Board approved fund raising up to ₹5,000 crore.
- Resolution passed for issuing ₹1500 crore Non-Convertible Bonds.
- Proceeds utilization statement for Non-Convertible Bonds submitted.
Price Impact
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