GMR Airports has raised Rs 400 crore through the allotment of 40,000 5% coupon INR denominated, Listed, Unsecured, Rated, Redeemable Non-Convertible Bonds (NCBs) of face value of Rs 1 lakh each, on private placement basis having tenure of 36 months from the date of allotment i.e., April 03, 2025.
The Coupon shall be payable annually until the date of redemption. The NCBs do not carry any special right/interest/privileges. The NCBs shall be redeemed on maturity at a redemption premium as per the terms of the NCBs. The NCBs will be listed on BSE. The Management Committee of the Board of Directors of the Company, in its meeting held on April 03, 2025, has allotted the same.
GMR Airports (formerly GMR Airports Infrastructure), a subsidiary of GEPL, is engaged in development, operation and maintenance of airports along with offering integrated security solutions.
| Company Name | CMP |
|---|---|
| Dreamfolks Services | 83.46 |
| GMR Airports | 98.70 |
| View more.. | |
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