GMR Power and Urban Infra Ltd

GMR Power and Urban Infra Ltd has announced the closure of its trading window for all designated persons. This closure is in accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal codes. The window will be shut from the close of business hours on June 30, 2026, until 48 hours after the declaration of the Un-audited Financial Results for the quarter ended June 30, 2026. The company will separately inform the exchange about the board meeting date scheduled to consider these financial results. This measure is standard practice to prevent insider trading during sensitive financial reporting periods.

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.

GMR Power and Urban Infra Ltd announced the completion of an inter-se transfer of 7,45,56,604 equity shares between GMR Enterprises Private Limited and GMR Estate Management Private Limited. This transaction, involving approximately 9.55% of the total share capital, was completed on June 16, 2026. Following this transfer, GMR Estate Management Private Limited and its Persons Acting in Concert (PACs) now hold a combined 24.91% of the company's total share capital, as per the disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

GMR Power and Urban Infra Ltd announced the completion of an inter-se transfer of 7,45,56,604 equity shares. The transfer occurred between GMR Enterprises Private Limited and GMR Estate Management Private Limited, involving entities within the promoter group. This transaction was previously intimated on June 4, 2026, and the disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, has now been filed. The transfer represents approximately 9.55% of the total share capital.

GMR Power and Urban Infra Ltd's promoter, GMR BUSINESS AND CONSULTANCY LLP, has disclosed the encumbrance of 51,000,000 shares. These shares represent 6.53% of the total share capital and 61.07% of the promoter's total shareholding. The encumbrance, created on June 16, 2026, is a pledge in favor of VISTRA ITCL (India) Limited for an existing facility, specifically secured, unrated, unlisted, redeemable, and non-convertible debentures. The value of the encumbered shares is ₹5,42,23,20,000 against an amount involved of ₹14,00,00,00,000. This disclosure is net of releases until June 17, 2026.

GMR Enterprises Private Limited, a promoter of GMR Power and Urban Infra Ltd, has encumbered 36,142,6826 shares, representing 46.28% of its total promoter shareholding. This encumbrance, which constitutes 61.07% of the promoter's holding and 2.82% of the total share capital, is a pledge towards an existing facility provided by Vistra ITCL (India) Limited for GMR Infra Projects Private Limited. The debt instrument involved is an unrated, unlisted, dematerialized, secured, redeemable, non-convertible debenture with a value of ₹2,32,25,40,000 and an amount involved of ₹3,00,00,00,000. The encumbrance was created on June 15, 2026, and the shares are net off releases till June 17, 2026.

GMR Power and Urban Infra Ltd has disclosed the encumbrance of 36,142,6826 shares, representing 46.28% of the promoter's shareholding and 13.34% of the total share capital. The encumbrance, created on June 11, 2026, is in the form of a pledge related to secured, unrated, unlisted, redeemable, and non-convertible debentures issued by GMR Enterprises Private Limited, GMR Business and Consultancy LLP, and GMR ESTATE MANAGEMENT PRIVATE LIMITED. The total value of the shares on the date of the agreement was ₹11,00,03,92,628 against an amount involved of ₹14,00,00,00,000. The encumbered shares are net of releases until June 15, 2026. The reason for encumbrance is for the benefit of the listed company.

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.

Vistra ITCL (India) Limited, acting as Debenture Trustee and/or Security Trustee, has disclosed its shareholding in GMR Power and Urban Infra Limited. The disclosure, made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, reveals that Vistra holds 12,97,13,503 shares, representing 16.60% of the total share capital. This holding is a result of pledged equity shares used to secure the issue of NCDs. The total holding after this disclosure stands at 20,97,13,503 shares, accounting for 26.85% of the total diluted share capital. The pledge date was June 11, 2026.

GMR Power and Urban Infra Ltd has entered into a share purchase agreement with Adani Airport City Limited to sell its entire 26% stake in Portus Ventures Private Limited (PVPL). The divestment, along with Shree Naman Developers Private Limited's stake sale, is a result of the majority shareholder's exit and aligns with GMR Group's strategy to focus on existing real estate opportunities. PVPL, involved in land development at Mumbai Airport, is in the pre-planning and construction phase. The transaction is expected to be completed by June 17, 2026, with GMR Power receiving ₹36,400 for its stake. Post-transfer, PVPL will no longer be a joint venture of GMR Power.