GMR Infra to sell 4 toll road assets for Rs 1500- 2000 crore: Report

GMR Airports Ltd. | Airport Management Services | Construction & Infrastructure | BSE: 532754 | NSE: GMRAIRPORT

06 Aug 2013 Evaluate

GMR Infrastructure is reportedly planning to sell 4 toll road assets for Rs 1500- 2000 crore. Khazanah is the likely front runner for the GMR Road Asset sale. The company is also in talks to sell stake in Turkish Airport and in this project, the company holds 40 percent stake, involving a capex of USD 550 million, since May 2008.

GMR Infrastructure is the infrastructure holding company formed to fund the capital requirements of various infrastructure projects in the Group’s Energy, Highways and Airport and SEZ sectors. It undertakes the development of the infrastructure projects through its various subsidiaries.

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Company Name	CMP
GMR Airports	97.64
Vardhman Airport Sol
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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