GMR Infrastructure has received consent from stock exchanges, with no adverse observations, on its proposed restructuring involving the demerger of its non-airport vertical business. It will file the scheme with the National Company Law Tribunal (NCLT) within six months.
GMR Infrastructure is engaged in generation of power, mining and exploration activities, development of highways, infrastructure development, such as development and maintenance of airports and special economic zone; construction business, including engineering, procurement and construction (EPC) contracting activities and operation of airports and special economic zones.
