GMR Infrastructure planning to raise Rs 6,000 crore
11th Aug 2021

GMR Infrastructure is planning to raise funds up to Rs 6,000 crore in one or more tranche(s), through the issue of securities, including a qualified Institutions placement and/or foreign currency convertible bonds and/or any other securities. The Board of Directors of the comapany is scheduled to meet on August 13 to consider and approve the same.

GMR Infrastructure is engaged in generation of power, mining and exploration activities, development of highways, infrastructure development, such as development and maintenance of airports and special economic zone; construction business, including engineering, procurement and construction (EPC) contracting activities and operation of airports and special economic zones.