Acquisitions26 Jan 2024, 08:42 pm
GMR Airports Infrastructure Ltd Acquires Additional Stake in GHIAL
AI Summary
The company has acquired an additional 11% stake in GMR Hyderabad International Airport Limited (GHIAL) from Malaysia Airports Holdings Berhad and its wholly owned subsidiary, MAHB (Mauritius) Private Limited, taking its total shareholding to 74%.,
Key Highlights
- Increased stake in GHIAL from 63% to 74%
- Acquisition of 11% equity shareholding from MAHB and MAMPL
- GMR Airports Infrastructure Limited's subsidiary, GMR Hyderabad International Airport Limited (GHIAL)
- Post-acquisition, GAL's shareholding in GHIAL now stands increased from 63% to 74%