GMR Power & Urban Infra will seek shareholder approval to raise up to ₹3,000 crore through various securities at its seventh Annual General Meeting on September 21, 2026. The meeting will also address the re-appointment of several independent and managing directors.

The company issued the intimation pursuant to Regulation 34(1) and Regulation 36(1)(b) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulatory filing ensures compliance with SEBI LODR and the Companies Act 2013 regarding the dissemination of annual reports to members.

Fund Raising Resolution

Pursuant to Regulation 29(1)(d) of SEBI LODR, shareholders are being asked to approve an enabling resolution for raising funds of up to ₹3,000 crore in one or more tranches. The instruments may include fully paid-up equity shares, non-convertible debentures along with warrants, convertible securities other than warrants, or any other securities via Qualified Institutions Placement or other methods. The resolution also covers the issue of Foreign Currency Convertible Bonds, subject to approvals from other regulatory and statutory authorities.

Director Re-appointments

The AGM agenda includes the re-appointment of key board members:

• Mr. Boda Venkata Nageswara Rao (DIN: 00051167) retires by rotation and offers himself for re-appointment as a Director liable to retire by rotation.
• Mr. Grandhi Kiran Kumar (DIN: 00061669) retires by rotation and offers himself for re-appointment as a Director liable to retire by rotation.
• Dr. Siva Kameswari Vissa (DIN: 02336249) is proposed for re-appointment as an Independent Director for a second term of five years.
• Mr. Suresh Lilaram Narang (DIN: 08734030) is proposed for re-appointment as an Independent Director for a second term of five years. Approval is sought for him to continue beyond the age of 75 under Regulation 17(1A) of SEBI LODR.
• Dr. Satyanarayana Beela (DIN: 09462114) is proposed for re-appointment as an Independent Director for a second term of five years. Approval is sought for him to continue having attained the age of 75 under Regulation 17(1A) of SEBI LODR.
• Dr. Emandi Sankara Rao (DIN: 05184747) is proposed for re-appointment as an Independent Director for a second term of five years.

Voting and Logistics

The meeting will be held via Video Conferencing or Other Audio-Visual Means at 11:00 am. Shareholders whose email addresses are registered with the Registrar to an Issue and Share Transfer Agent or Depository Participants will receive the Annual Report and AGM Notice electronically. Those without registered email addresses will receive a physical letter containing a web-link, exact path, and QR Code to access the documents.

The Annual Report for FY25-26 and the Notice of AGM are accessible on the company’s website at investor.gmrpui.com/annual-reports. Remote e-voting will commence on September 17, 2026, at 9:00 am and end on September 20, 2026, at 5:00 pm. The cut-off date for determining eligible members is September 14, 2026.

Vimal Prakash, Company Secretary and Compliance Officer, signed the disclosure on August 27, 2026. The filing confirms that all statutory requirements for convening the general body meeting have been met.

GMR Power & Urban Infra reported a sharp deterioration across all key financial metrics in the first quarter, posting a net loss of ₹960 million compared to a net profit of ₹242 million in the same period last year. Revenue fell to ₹628 million from ₹943 million YoY, while EBITDA dropped to ₹233 million from ₹695 million, reflecting broad-based pressure on both the topline and operating performance.

Financial highlights

The quarter's results reveal a significant compression at every level of the income statement. The following table summarises the key metrics:

What the numbers show

The EBITDA margin contraction from 74.47% to 37.15% is particularly notable. Even as revenue declined, the margin nearly halved, indicating that operating costs did not fall proportionately with income. The swing from a net profit of ₹242 million to a net loss of ₹960 million, against an EBITDA of ₹233 million, points to significant charges below the operating line, whether from depreciation, finance costs, or other non-operating items, amplifying the impact of the revenue decline on the bottom line.