With reference to the earlier announcement dated December 04, 2015 regarding the execution of the subscription agreement between the Company and Kuwait Investment Authority dated December 04, 2015 (the ‘Subscription Agreement’), GMR Infrastructure has now informed that the management committee of the board of directors of the Company has approved the allotment of foreign currency convertible bonds to Kuwait Investment Authority as per the terms disclosed in the Company’s announcement dated December 04, 2015.
The above information is a part of company’s filings submitted to BSE.
