StockWatch
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Civil Construction
Shareholding22 Jun 2026, 06:50 pm

GMR Estate Acquires 7.45 Cr Shares in GMR Power & Urban Infra

AI Summary

GMR Estate Management Private Limited has acquired 7,45,56,604 equity shares of GMR Power and Urban Infra Limited from GMR Enterprises Private Limited. This transaction, valued at ₹107.48 per share, totaling approximately ₹801.45 crore, was conducted as an inter-se transfer and is part of an internal restructuring. The acquisition represents 9.55% of the total share capital and 9.16% on a fully diluted basis. This disclosure is made under Regulation 10(6) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, following a prior intimation on June 4, 2026.

Key Highlights

  • GMR Estate Management acquired 7.45 crore shares in GMR Power and Urban Infra.
  • The transaction was an inter-se transfer for internal restructuring.
  • Acquisition price was ₹107.48 per share.
  • Represents 9.55% of total share capital.
  • Disclosure made under SEBI Takeover Regulations.