GMR Power and Urban Infra: Monitoring Report for Q2 2026
GMR Power and Urban Infra Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026, prepared by CARE Ratings Limited. The report pertains to the preferential issue of equity shares and convertible warrants aggregating to ₹1200 crore. As of June 30, 2026, ₹900 crore of the issue size had been received. The report confirms that the utilization of funds received is as per the disclosures in the CA Certificate and Management Certificate, with no material deviations observed. Convertible warrants were issued at a price higher than the prevailing market price.
Key Highlights
- Monitoring Agency Report submitted for Q2 2026 preferential issue.
- ₹900 crore of ₹1200 crore issue size received by June 30, 2026.
- Fund utilization aligns with disclosures; no material deviations noted.
- Convertible warrants issued above market price.
Price Impact
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