Foreign institutional investors (FIIs) have reduced their stake in GMR Infrastructure by 249 basis points to 16.20 percent in Q2FY15 from 18.69 percent as on June 30, 2014. Also, domestic institutional investors (DIIs) have decreased their shareholding in the company by 34 basis points to 8.14 percent at the end of September 2014 quarter from 8.48 percent as on June 30, 2014.
Meanwhile, non institutions were holding 11.55 percent stake in the company in Q2FY15, up 271 basis points from 8.84 percent as on June 30, 2014. While, corporate bodies were holding 3.61 percent stake in the company at the end of September 2014 quarter, up 173 basis points from 1.88 percent as on June 30, 2014. Further, promoters’ shareholding increased by 12 basis points to 64.11 percent at the end of September 2014 quarter from 63.99 percent as on June 30, 2014.
GMR Infrastructure is a Bangalore headquartered global infrastructure major with interests in Airports, Energy, Highways and Urban Infrastructure sectors. It has successfully employed the public-private partnership model to build a portfolio of high quality assets.