+
GMR Airports Infrastructure seeks Rs.50 billion expansion funds
AVIATION & AIRPORTS

GMR Airports Infrastructure seeks Rs.50 billion expansion funds

GMR Airports Infrastructure plans to raise funds amounting to Rs.50 billion. The decision involves exploring options to secure the funds in one or more installments. This could be achieved through the issuance of securities, including qualified institutions placement, foreign currency c...

GMR Airports Infrastructure plans to raise funds amounting to Rs.50 billion. The decision involves exploring options to secure the funds in one or more installments. This could be achieved through the issuance of securities, including qualified institutions placement, foreign currency convertible bonds or other relevant securities. However, the proposal is contingent upon the endorsement of shareholders and compliance with relevant legal regulations. Contact: GMR Airports Infrastructure Tel: +91-11-4253 2600 / +91-11-4719 7181 Website: www.gmrinfra.com

Related Stories

Gold Stories

Next Story
Equipment

Radialisation is becoming increasingly important: Amit Tolani, CEAT

In a conversation with Ashlin Rajan, Amit Tolani, CEO, CEAT Specialty, discusses CEAT’s expanding off-highway tyre portfolio through Camso, the shift towards radialisation and the growing demands on construction equipment. He also shares insights into the company’s investments in automation, digitalisation, AI and sustainable manufacturing, as well as its plans to build more efficient and connected production capabilities. With Camso giving CEAT access to premium construction, agriculture, material-handling tyre and track segments, where do you see the biggest growth opportunity over ..

Next Story
Real Estate

MICL, Godrej Properties partner for Marine Lines project

Man Infraconstruction (MICL) has partnered with Godrej Properties Group for the development of a sea-facing residential project at Marine Lines in South Mumbai. The project has an estimated overall revenue potential of more than Rs 60 billion.Under the transaction, MICL, which was earlier the Development Manager for the project, has partnered with Godrej Properties for its development. The development rights jointly held by MICL and Shreepati Group have been transferred to Godrej Properties. MICL will continue to participate in the project through an agreed revenue-sharing arrangement.Spread a..

Next Story
Resources

Bharat Bijlee appoints Khushru Vakharia as MTM Vice President

Bharat Bijlee has appointed Khushru Vakharia as Vice President of its Magnet Technology Machines (MTM) Division, effective August 31, 2026. He succeeds R Rajaraman, who has retired as Division Head.The MTM Division is part of Bharat Bijlee’s Industrial Systems business and provides permanent magnet technology solutions, including the GreenStar range of gearless elevator machines for customers in India and international markets.Vakharia has more than 35 years of experience with Bharat Bijlee across manufacturing, strategic planning, operational procurement, plant engineering, quality assuranc..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code