https://www.taxtmi.com/news?id=28182 The Competition Commission approved a combination in which Platinum Stone A 2014 Trust will subscribe to unlisted, unrated optionally convertible debentures of GMR Infra Enterprises Private Limited. The Target SPV will acquire approximately nine percent of the fully diluted shareholding of GMR Airports Limited from its promoter and pledge that GAL shareholding in favour of the Acquirer to secure the OCD subscription. The Acquirer is a trust whose sole beneficiary is a sovereign investment institution; the Target SPV currently has no business operations. en-us Wed, 04 Dec 2024 09:41:15 +0530 Wed, 04 Dec 2024 09:41:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=28182 The Competition Commission approved a combination in which Platinum Stone A 2014 Trust will subscribe to unlisted, unrated optionally convertible debentures of GMR Infra Enterprises Private Limited. The Target SPV will acquire approximately nine percent of the fully diluted shareholding of GMR Airports Limited from its promoter and pledge that GAL shareholding in favour of the Acquirer to secure the OCD subscription. The Acquirer is a trust whose sole beneficiary is a sovereign investment institution; the Target SPV currently has no business operations. News - Wed, 04 Dec 2024 09:41:15 +0530 https://www.taxtmi.com/news?id=28182