Investment18 Aug 2025, 06:31 pm
GMR Airports Ltd. to Raise up to INR 5,000 Crore Through Various Securities
AI Summary
GMR Airports Ltd. has announced that its Board of Directors will meet on August 21, 2025, to consider and approve an Enabling Resolution for raising funds up to INR 5,000 Crore. The funds may be raised through one or more tranches via Qualified Institutions Placement, Foreign Currency Convertible Bonds, and/or other securities. The proposal is subject to other regulatory and/or statutory approvals.
Key Highlights
- GMR Airports Ltd. to raise up to INR 5,000 Crore through various securities
- The company to consider the proposal during the Board Meeting on August 21, 2025
- Funds may be raised through Qualified Institutions Placement, Foreign Currency Convertible Bonds, and/or other securities
- The proposal is subject to other regulatory and/or statutory approvals
- The announcement made to the Bombay Stock Exchange (BSE)