GMR Airports Ltd. recently witnessed significant market activity and announced a strategic move in its business operations.

Block Trade Worth Rs 440.46 Crore

GMR Airports Ltd. experienced a substantial block trade on the National Stock Exchange (NSE), valued at Rs 440.46 crore. The transaction involved approximately 50,337,884 shares changing hands at a price of Rs 87.50 per share. This large-scale trade indicates considerable investor interest in the company's stock.

Incorporation of New Subsidiary

In a separate development, GMR Airports Ltd. has taken a strategic step to expand its cargo and logistics operations. The company announced the incorporation of a new wholly-owned subsidiary named "GMR Cargo and Logistics Limited" on September 11, 2025.

Key Details of the New Subsidiary:

• Purpose: To undertake the Cargo City Project at Indira Gandhi International Airport, New Delhi, awarded by Delhi International Airport Limited (DIAL).
• Scope: The new entity will also explore other cargo and logistics-related opportunities.
• Initial Capital: The subsidiary is incorporated with an initial paid-up share capital of Rs 10.00 crore, divided into 1 crore equity shares of Rs 10 each.

Strategic Implications

This move follows the company's board approval on August 21, 2025, to form a special purpose vehicle for the Cargo City Project. The incorporation of GMR Cargo and Logistics Limited aligns with GMR Airports' strategy to strengthen its position in the cargo and logistics sector, potentially opening up new revenue streams and growth opportunities.

Regulatory Compliance

GMR Airports Ltd. has confirmed that the acquisition of the new subsidiary is not a related party transaction, and no governmental or regulatory approvals were required for this incorporation. This information was disclosed as part of the company's regulatory filing under SEBI's Listing Obligations and Disclosure Requirements.

The combination of the significant block trade and the strategic expansion into cargo and logistics underscores GMR Airports' dynamic position in the aviation infrastructure sector. Investors and industry observers will likely be watching closely to see how these developments impact the company's future performance and market standing.

GMR Airports Limited (NSE: GMRAIRPORT, BSE: 532754) has announced the incorporation of a new wholly-owned subsidiary, GMR Cargo and Logistics Limited, to spearhead its expansion into the cargo and logistics sector. The move comes as part of the company's strategy to undertake the Cargo City Project at Indira Gandhi International Airport, New Delhi.

Key Highlights

• New Subsidiary: GMR Cargo and Logistics Limited was incorporated on September 11, 2025.
• Purpose: To manage the Cargo City Project at Delhi Airport and pursue other cargo and logistics opportunities.
• Initial Capital: The subsidiary has a paid-up share capital of Rs. 10.00 crore, comprising 1 crore equity shares of Rs. 10.00 each.
• Board Approval: The incorporation follows board approval granted on August 21, 2025.
• Regulatory Compliance: The transaction is not considered a related party transaction and required no governmental or regulatory approvals.

Project Details

The newly formed subsidiary will be responsible for executing the Cargo City Project at Indira Gandhi International Airport, which was awarded to GMR Airports Limited by Delhi International Airport Limited (DIAL). This strategic move positions GMR Airports to strengthen its presence in the cargo and logistics sector, potentially opening up new revenue streams and growth opportunities.

Corporate Structure

GMR Cargo and Logistics Limited has been established as a Special Purpose Vehicle (SPV) and is a wholly-owned subsidiary of GMR Airports Limited. The parent company, formerly known as GMR Airports Infrastructure Limited, continues to expand its portfolio in the aviation sector.

Market Impact

The incorporation of this new subsidiary demonstrates GMR Airports' commitment to diversifying its operations and capitalizing on the growing demand for efficient cargo handling and logistics services. As the aviation industry continues to evolve, this move could potentially enhance GMR Airports' competitive position in the market.

Investors and stakeholders will be watching closely to see how this new venture contributes to GMR Airports' overall growth strategy and financial performance in the coming years.