Geecee Ventures Limited has increased its investment portfolio by acquiring 77,500 equity shares in GMR Power and Urban Infra Limited (GPUIL) for ₹0.77 crores. This strategic purchase, executed via open market, raises the total holding in GPUIL to 3,78,000 equity shares, constituting 0.05% of the paid-up share capital. The cumulative investment in the entity now stands at ₹3.89 crores, crossing the threshold specified in Regulation 30(4)(i)(c) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The transaction was confirmed on June 29, 2026, at 03:41 p.m. The consideration was paid in cash, with the cost of acquisition recorded at ₹0.77 crores and the price per share at ₹99. The shares are deemed to be credited on June 30, 2026. The disclosure was submitted to BSE Limited and National Stock Exchange of India Limited in compliance with SEBI regulations.

Target Entity Overview

GMR Power and Urban Infra Limited (GPUIL) operates within the power generation sector and is listed on both BSE and NSE. Incorporated on May 17, 2019, the entity functions as a global infrastructure conglomerate with interests in Energy, Road, Smart Meter Infrastructure, and Urban Infrastructure. Its operational presence is primarily in India, with extensions to Nepal, Indonesia, and Dubai through subsidiaries and associates.

Financial Performance

GPUIL has demonstrated significant scale in operations, with an authorised capital of ₹550 Crores and a paid-up capital of ₹390.51 Crores. The company manages a commissioned capacity of approximately 2,840 MWs across coal, gas, and renewable power plants, with an additional 1,775 MWs under development. Its energy portfolio utilizes a mix of merchant sales and long-term Power Purchase Agreements (PPAs).

Turnover History (in ₹ Crores)

The target entity reported a turnover of ₹367.28 Crores for FY 2025-26, compared to ₹480.89 Crores in the previous fiscal year. Profit After Tax (PAT) stood at a loss of ₹149.57 Crores for FY 2025-26, contrasting with a profit of ₹746.60 Crores in FY 2024-25. The investment by Geecee Ventures is classified as a miniscule part of its broader investment activities.

Geecee Ventures Limited has acquired 97,500 equity shares in GMR Power and Urban Infra Limited (GPUIL) for ₹0.98 crores through an open market purchase. This transaction takes the total investment in GPUIL to ₹3.12 crores, thereby exceeding the threshold specified in Regulation 30(4)(i)(c) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The investment was made as part of the company's investment activity and represents a miniscule part of its portfolio.

The acquisition was executed at a price of ₹101.1 per share. Following this purchase, the company holds a total of 3,00,000 fully paid-up equity shares in GPUIL, which constitutes 0.04% of the target entity's paid-up capital. The shares are deemed to be credited on June 22, 2026. The consideration for the acquisition was paid in cash, and no governmental or regulatory approvals were required for the transaction.

GMR Power and Urban Infra Limited operates in the power generation sector and is listed on both BSE and NSE. The entity reported a turnover of ₹367.28 crores and a loss after tax of ₹149.57 crores for FY 2025-26. In the previous fiscal year FY 2024-25, it recorded a turnover of ₹480.89 crores and a profit after tax of ₹746.60 crores. The target entity has an authorised capital of ₹550 crores and a paid-up capital of ₹390.51 crores.

Financial Details of GMR Power and Urban Infra

Transaction Overview

The disclosure was submitted to the exchanges pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the acquisition does not fall within related party transactions and that the promoter group has no interest in the entity being acquired.