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GMR Infrastructure to sell its stakes in road projects for raising $200 million: Report

28 Feb 2012 Evaluate

In a bid to raise about $200 million, GMR Infrastructure, part of GMR Group reportedly in talks with private equity investors to sell its stakes in road projects. The company is in discussion with a fund jointly managed by India's largest lender, State Bank of India, and Australia's Macquarie Group for an investment.

The company is also in talks with UK-based private equity firm 3i Group Plc and IDFC Project Equity, a fund managed by India’s Infrastructure Development Finance Co.

The GMR Group is a Bangalore-headquartered global infrastructure major with interests in Airports, Energy, Highways and Urban Infrastructure. GMR Infrastructure is the holding company for the infrastructure business of the GMR group.

GMR Airports Share Price

96.87 0.11 (0.11%)
17-Apr-2026 16:59 View Price Chart
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Company Name CMP
Dreamfolks Services 85.30
GMR Airports 96.87
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