GMR Power & Urban Infra , a key player in the power and urban infrastructure sector, has taken a significant step towards bolstering its financial position. The company's board has approved an enabling resolution that paves the way for raising funds up to 30 billion rupees (₹3,000.00 crore).

Fundraising Initiative

The approval of this enabling resolution marks an important move for GMR Power & Urban Infra, potentially providing the company with substantial financial resources for future endeavors. While the specific details of how the funds will be utilized have not been disclosed, such large-scale fundraising efforts often signal ambitious plans for growth, expansion, or debt management.

Implications for the Company

This decision by GMR Power & Urban Infra could have several implications:

1. Financial Flexibility: The approved fundraising resolution gives the company the ability to access a significant amount of capital when needed, enhancing its financial flexibility.

2. Growth Opportunities: With access to additional funds, the company may be better positioned to pursue new projects or expand its existing operations in the power and urban infrastructure sectors.

3. Market Confidence: The approval of such a substantial fundraising initiative may be viewed positively by investors, potentially reflecting confidence in the company's future prospects and strategic plans.

It's important to note that this is an enabling resolution, which means the company now has the option to raise these funds, but it doesn't necessarily imply immediate action. The actual fundraising process, including the timing, method, and exact amount, will likely be determined based on market conditions and the company's specific needs.

Investors and market watchers will be keen to observe how GMR Power & Urban Infra proceeds with this fundraising opportunity and how it might impact the company's future growth trajectory in the dynamic power and urban infrastructure sectors.

GMR Power & Urban Infra Limited has issued a postal ballot notice seeking shareholder approval for its comprehensive ₹1,200.00 crore fund-raising proposal through preferential issue of equity shares and convertible warrants. The board meeting held on December 17, 2025, had earlier approved the issuance at ₹120.88 per share, including a premium of ₹115.88.

Postal Ballot Process and Timeline

The company has initiated the postal ballot process under Regulation 29 and 30 of SEBI Listing Regulations for shareholder approval of the preferential issue. The postal ballot notice is being sent electronically to all members whose email addresses are registered as of December 11, 2025 (cut-off date).

Fund Raising Structure Details

The approved structure involves a two-tier fund raising mechanism targeting different investor categories. The proposal includes issuance of equity shares to non-promoter investors and convertible warrants to promoter group entities.

Equity Shares and Warrant Allocation

The structure involves issuance of up to 6,61,81,335 equity shares worth ₹800.00 crore to non-promoter category investors and up to 3,30,90,668 convertible warrants aggregating ₹400.00 crore to promoter group entities.

Proposed Allottees and Fund Utilization

Synergy Industrial and Power Metals Limited and Credit Solutions India Trust have been designated as equity share allottees, while Hyderabad Jabilli Properties Private Limited will receive the convertible warrants. The company intends to utilize the proceeds for repayment of outstanding borrowings (₹1,000 crore) and general corporate purposes (₹200 crore).

Regulatory Compliance and Warrant Terms

The preferential issue is structured under Chapter V of SEBI (ICDR) Regulations 2018, with the convertible warrants carrying a maximum tenure of 18 months from allotment date. The warrants require 25% payment upfront (₹100 crore) with the remaining 75% payable upon conversion. CARE Ratings Limited has been appointed as the monitoring agency for fund utilization.