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GMR Airports' subsidiary to buy stake in co for Rs 41 crore

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..... GMR Airports' subsidiary to buy stake in co for Rs 41 crore
PTI News
Dated:- 21-5-2025
PTI
New Delhi, May 21 (PTI) GMR Airports Ltd on Wednesday said its subsidiary GMR Hyderabad Internati .....

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..... onal Airport Ltd will buy 70 per cent stake in its associate company ESR GMR Logistics Park Pvt Ltd for a little over Rs 41 crore. GMR Hyderabad Aerotropolis Ltd (GHAL), a wholly owned subsidiary of .....

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..... GMR Hyderabad International Airport, already holds 30 per cent stake in ESR GMR Logistics Park Pvt Ltd (EGLPPL). For the transaction, GMR Hyderabad International Airport has entered into a share pu .....

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..... rchase agreement with other shareholders. "Upon conclusion of the transaction, EGLPPL would become a wholly owned subsidiary of GHIAL," a regulatory filing said. EGLPPL, an associate company of GM .....

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..... R Hyderabad International Airport, is into development of warehousing and logistics park in Hyderabad. The transaction will be in furtherance to GMR Hyderabad International Airport's strategy of air .....

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..... port land development at Hyderabad such as building and creating diversified asset portfolios of industrial & warehousing, commercial, hospitality and retail, that assist the overall airport and aid s .....

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..... ocio economic development of the region, the filing said. PTI RAM TRB
News - Press release - PIB .....

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