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

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

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....nal 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 pur....

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....chase 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 GMR....

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.... 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 airp....

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....ort 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 so....

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....cio economic development of the region, the filing said. PTI RAM TRB<BR> News - Press release - PIB....