Hyderabad: GMR Infrastructure Ltd. on Monday said parent company GMR Holdings Pvt Ltd has made arrangements of Rs.1,250 crore for subscribing to its rights issue. The promoter holding company has “completed necessary financing arrangements to the extent of Rs.1,250 crore,” GMR Infrastructure, whose rights issue opens on March 24, said in a regulatory filing to BSE.
This amount represents 89.17 per cent of the size of the rights issue. “Of these, Rs.1,130 crore has already been drawn,” said the company, which is part of the GMR Group and into airports, energy, highways and urban infrastructure sectors. Among the well-known, large projects implemented and operated by the company is the integrated terminal T3 at the Indira Gandhi International airport in Delhi.
23/03/15 The Hindu
This amount represents 89.17 per cent of the size of the rights issue. “Of these, Rs.1,130 crore has already been drawn,” said the company, which is part of the GMR Group and into airports, energy, highways and urban infrastructure sectors. Among the well-known, large projects implemented and operated by the company is the integrated terminal T3 at the Indira Gandhi International airport in Delhi.
23/03/15 The Hindu
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