GMR Airports Limited , a key player in the Indian aviation infrastructure sector, has received robust credit ratings for its debt facilities totaling Rs 7,000.00 crore. The ratings, issued by Crisil Ratings Limited, underscore the company's financial stability and creditworthiness in the market.

Credit Ratings Breakdown

Crisil Ratings Limited assigned the following ratings to GMR Airports Limited:

The 'CRISIL A+/Stable' rating for the Non-Convertible Debentures (NCDs) indicates a high degree of safety regarding timely servicing of financial obligations, carrying very low credit risk. Meanwhile, the 'CRISIL A1' rating for short-term bank facilities represents a strong degree of safety for timely payment of short-term debt obligations and carries the lowest credit risk.

Implications for GMR Airports

These ratings are likely to bolster investor confidence in GMR Airports Limited's financial health and its ability to meet its debt obligations. The strong ratings could potentially lead to more favorable borrowing terms for the company in the future, supporting its growth and expansion plans in the aviation infrastructure sector.

Official Disclosure

In compliance with regulatory requirements, GMR Airports Limited promptly disclosed this information to the stock exchanges. T. Venkat Ramana, Company Secretary & Compliance Officer, stated in the official communication:

"Pursuant to Regulations 30 and 51 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that Crisil Ratings Limited, a Credit Rating Agency has, assigned its ratings for the Non-Convertible Debentures (NCDs) of the Company for an amount of Rs. 6,000 crore at 'Crisil A+/Stable' and for the short term bank facilities availed/to be availed by the Company for an amount of Rs. 1,000 crore at 'CRISIL A1'."

The company has made the full rating letter available on its official website for stakeholders to review.

As GMR Airports Limited continues to play a significant role in India's aviation infrastructure development, these strong credit ratings may provide a solid foundation for its future financial strategies and market position.

GMR Airports Limited (GAL) shareholders have given a resounding approval for the sale of assets by Delhi Duty Free Services Private Limited, a material subsidiary of the company. The special resolution, conducted through a postal ballot, concluded on July 23, 2025, with an impressive 92.39% of the total paid-up equity share capital participating in the e-voting process.

Voting Results

The resolution received overwhelming support from shareholders:

Key Dates

• Record Date: June 17, 2025
• Postal Ballot Notice Issued: June 21, 2025
• Voting Conclusion: July 23, 2025
• Results Report Submission: July 25, 2025

Voting Breakdown

The e-voting saw participation across different shareholder categories:

Corporate Governance

The postal ballot process was conducted in compliance with regulatory requirements. V Sreedharan, appointed as the scrutinizer, oversaw the voting process and submitted the results report. The special resolution is deemed to have been passed on July 23, 2025, being the last date of e-voting.

Looking Ahead

While the specifics of the asset sale by Delhi Duty Free Services Private Limited were not detailed in the available information, the overwhelming shareholder approval suggests strong confidence in the management's decision. This move could potentially have significant implications for GMR Airports Limited's strategic direction and financial position.

GMR Airports Limited continues to demonstrate its commitment to transparency and shareholder engagement. The company has also announced a scheduled conference call with investors and analysts on July 30, 2025, to discuss Q1 FY2026 results, further underlining its proactive approach to stakeholder communication.