StockWatch
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Civil Construction
Board Meeting11 Aug 2026, 04:19 pm

GMR Power and Urban Infra Board Meeting on Aug 14 to Consider Q1 FY27 Results & Fundraise

AI Summary

GMR Power and Urban Infra Ltd has announced a Board of Directors meeting scheduled for August 14, 2026. The primary agenda items include the consideration and approval of the un-audited financial results (standalone and consolidated) for the quarter ended June 30, 2026. Additionally, the board will consider an enabling resolution for raising funds up to ₹3,000 crore through various securities, including Qualified Institutions Placement and Foreign Currency Convertible Bonds. This fundraise is subject to shareholder and regulatory approvals. The trading window remains closed until 48 hours after the financial results declaration.

Key Highlights

  • Board meeting scheduled for August 14, 2026.
  • To consider un-audited financial results for Q1 FY27.
  • Enabling resolution for fundraising up to ₹3,000 crore.
  • Fundraising via securities like QIP and FCCBs.
  • Trading window closure extended post-results.