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GMR Power and Urban Infra informs about allotment of shares

28 Jan 2026 Evaluate
GMR Power and Urban Infra has informed that the Management Committee of the Board of Directors of the Company (as per the powers delegated to it by the Board of directors), on January 28, 2026, has approved the allotment of 6,61,81,335 Equity Shares having face value of Rs 5 each, at an Issue Price of Rs 120.88 (including a premium of Rs 115.88), upon receipt of entire consideration amount in single tranche; and the allotment of 3,30,90,668 Warrants having face value of Rs 5 each at an Issue Price of Rs 120.88 (including a premium of Rs. 115.8), after receipt of 25% of the consideration amount. The warrants are convertible into equivalent number of Equity Shares of the Company within a period of 18 months from the date of allotment January 28, 2026, upon payment of the balance 75% of consideration amount at the time of conversion. The Company has allotted the equity shares and warrants to the allottees as details enclosed.

The above information is a part of company’s filings submitted to BSE.

GMR Power and Urban Share Price

107.34 -2.65 (-2.41%)
20-Apr-2026 16:59 View Price Chart
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