GMR Infrastructure has informed that the Company has decided to increase the transaction size by agreeing to divest 49% in GMR Airports (vs previously agreed 44.44%) to TRIL Urban Transport (part of TATA Group), an affiliate of GIC and SSG Capital Management (collectively Investors) in one or more tranches, such closings being subject to regulatory approvals. This is another step in its endeavor to deleverage and demonstrate its commitment towards the same. An Amended and Restated Shares Subscription and Purchase Agreement and Shareholders Agreement has been executed to give effect to the above.
The above information is a part of company’s filings submitted to BSE.
| Company Name | CMP |
|---|---|
| Dreamfolks Services | 85.30 |
| GMR Airports | 96.87 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: