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GMR Infra’s arm acquires 17.03% stake in Delhi Duty Free Services

10 Jun 2013 Evaluate

GMR Airports, a subsidiary of GMR Infrastructure, has acquired 17.03% equity stake in Delhi Duty Free Services, a Company, operating, maintaining and managing the Duty Free Outlets at IGI Airport, New Delhi under concession from Delhi International Airport for a period of 15 years upto 2024-25. The other shareholders of Delhi Duty Free Services are Delhi International Airport which holds 49.9% equity stake and Yalorvin holds 33.07% equity stake.

GMR Infrastructure is a Bangalore headquartered global infrastructure major with interests in Airports, Energy, Highways and Urban Infrastructure sectors.

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