GMR Infrastructure increases the count of its subsidiary companies

03 Jun 2011

GMR Infrastructure has increased its subsidiary companies after GMR Holdings Overseas Spain, S. L. U. and Larkspur Properties became subsidiaries of the company in accordance with the provisions of the Companies Act, 1956.

Recently, GMR Infrastructure was looking to raise $150 million through private equity for its airport arm. The company was in the process of securing final government approvals for the deal, which had already won clearance from the Foreign Investment Promotion Board. It would be difficult for the company to set a timeline for the deal closure.

GMR infrastructure’s business activities involve development of various infrastructure projects in power, airport and SEZ segments.

Related GMR Infrastructure Ltd. Links:

GMR Infrastructure Share Price

27.80 0.10 (0.36%) Mar 04, 09:37
1 Year Price Chart
Company Name CMP
Larsen & Toubro 1471.85
Rail Vikas Nigam 32.15
KEC International 462.00
NCC 91.30
PNC Infratech 266.90
View more..
Sensex vs GMR Infrastructure
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323