Pursuant to the agreements GMR Group has entered into with Groupe ADP for partnership in airports business, GMR confirms that the Group has received INR 5,248 Crore towards first tranche of payment from Groupe ADP. The end utilisation of monies has been mainly for corporate debt reduction. Further, the GMR Group has provided exit to the existing private equity investors in GMR Airports Limited.
Shares of GMR INFRASTRUCTURE LTD. was last trading in BSE at Rs.25.55 as compared to the previous close of Rs. 25.45. The total number of shares traded during the day was 1492203 in over 1984 trades.
The stock hit an intraday high of Rs. 26.45 and intraday low of 25.4. The net turnover during the day was Rs. 38774696.