GMR Power Promoter Encumbers 46.28% Shares

GMR Power and Urban Infra Ltd's promoter, GMR Business and Consultancy LLP, has encumbered 36,142,682 shares, representing 46.28% of their total promoter shareholding and 3.27% of the total share capital. The encumbrance was created on June 11, 2026, as a pledge to secure unrated, unlisted, redeemable, non-convertible debentures worth ₹14,00,00,00,000 issued by GMR Enterprises Private Limited and GMR Estate Management Private Limited. The amount involved in the encumbrance is ₹2,69,34,61,884. The utilization of the borrowed amount is for the benefit of the listed company.