NCLT approves GMR Infrastructure's demerger of non-airport business

29 Dec 2021 CW Team

The National Company Law Tribunal (NCLT) has approved GMR Infrastructure's restructuring plan involving the demerger of the non-airport business, the company told the media.

GMR Infrastructure announced the reorganisation plan on August 27 of last year, to simplify the corporate holding structure and attract sector-specific international investors.

The composite scheme of arrangement between GMR Power Infra Limited (GPIL), GMR Infrastructure Limited (GIL), and GMR Power and Urban Infra Limited (GPUIL) and their respective shareholders has been sanctioned by the Hon'ble National Company Law Tribunal, Mumbai Bench, under Sections 230 to 232 of the Companies Act, 2013, according to a statement.

The board of GMR Infrastructure, along with the board of other group companies GPIL and GPUIL, decided on a composite scheme of arrangement on August 27 last year, which included the demerger of GMR Infrastructure's non-airport business.

Separate listings for the airport and non-airport businesses will also aid in the corporate holding structure's simplification. According to GMR Infrastructure, the vertical split demerger will go a long way toward facilitating a deeper understanding of the airport business on its own, as opposed to other business verticals within the group.

The GMR Group currently operates the Indira Gandhi International Airport in New Delhi and the Rajiv Gandhi International Airport in Hyderabad. It also manages Cebu International Airport in the Philippines.

Its energy business has a diversified portfolio with a total generation capacity of 4,995 MW.

Image Source

Technology

28 Oct 2025

Building Faster, Smarter, and Greener!

Backed by ULCCS’s century-old legacy, U-Sphere combines technology, modular design and sustainable practices to deliver faster and more efficient projects. In an interaction with CW, Rohit Prabhakar, Director - Business Development, shares how the company’s integrated model of ‘Speed-Build’, ‘Smart-Build’ and ‘Sustain-Build’ is redefining construction efficiency, quality and environmental responsibility in India.U-Sphere positions itself at the intersection of speed, sustainability and smart design. How does this translate into measurable efficiency on the ground?At U..

Smart Roads, Smarter India

India’s infrastructure boom is not only about laying more kilometres of highways – it’s about building them smarter, safer and more sustainably. From drones mapping fragile Himalayan slopes to 3D machine-controlled graders reducing human error, technology is steadily reshaping the way projects are planned and executed. Yet, the journey towards digitisation remains complex, demanding not just capital but also coordination, training and vision.Until recently, engineers largely depended on Survey of India toposheets and traditional survey methods like total stations or DGPS to prepare detai..

What Does DCPR 2034 Mean?

The Maharashtra government has eased approval norms for high-rise buildings under DCPR 2034, enabling the municipal commissioner to sanction projects up to 180 m on large plots. This change is expected to streamline approvals, reduce procedural delays and accelerate redevelopment, drawing reactions from developers, planners and industry experts about its implications for Mumbai’s vertical growth.Under the revised DCPR 2034 rules, buildings on plots of 2,000 sq m or more can now be approved up to 180 m by the municipal commissioner, provided structural and geotechnical reports are certified b..