GMR Power and Urban Infra Limited announced its quarterly financial results for Q3FY26, covering the quarter ended December 31, 2025. The Board of Directors approved the unaudited financial results during their meeting held on February 6, 2026, which commenced at 5:30 PM and concluded at 7:00 PM.

Financial Results Overview

The company released both standalone and consolidated unaudited financial results for the quarter and nine-month period ended December 31, 2025. These results were prepared in accordance with Indian Accounting Standard 34 (Ind AS 34) for Interim Financial Reporting and comply with SEBI Listing Regulations.

Business Operations and Structure

GMR Power and Urban Infra Limited operates through various subsidiaries, joint ventures, jointly controlled operations, and associates. The company carries on its business in a single vertical - Engineering, Procurement and Construction (EPC) - in accordance with Ind AS 108 'Operating Segments'.

The group's business segments comprise:

• Power: Generation of power, transmission, energy and coal trading
• Roads: Development and operation of roadways
• Engineering, Procurement and Construction (EPC): Infrastructure solutions
• Smart Meter Infrastructure: Implementation of smart metering projects
• Others: Urban infrastructure and residual activities

Key Corporate Developments

The Board approved the issuance of equity shares and convertible warrants on a preferential basis to promoter and non-promoter entities on December 17, 2025. This was subsequently approved by shareholders on January 16, 2026.

Following this allotment, the paid-up equity share capital increased from Rs. 3,57,41,80,970 to Rs. 3,90,50,87,645. The company received Rs. 900.00 crore against the preferential allotment.

Regulatory Compliance and Auditor Review

Walker Chandiok & Co LLP conducted the limited review of both standalone and consolidated financial results. The auditors confirmed that nothing came to their attention suggesting the financial statements were not prepared in accordance with applicable accounting standards.

The results include detailed notes covering various operational and legal matters affecting subsidiaries, including ongoing disputes, arbitration proceedings, and regulatory developments across the group's portfolio companies.

Investment Information

Investors can access the complete unaudited financial results on the company's website at www.gmrpui.com or through BSE ( www.bseindia.com ) and NSE ( www.nseindia.com ) websites. The company's registered office is located at Unit No. 12, 18th Floor, Tower A, Building No. 5, DLF Cyber City, DLF Phase-III, Gurugram-122002, Haryana.

Source:

GMR Power & Urban Infra Limited has successfully completed a significant fundraising exercise through preferential allotment of equity shares and convertible warrants. The company announced on January 28, 2026, that its Management Committee approved the allotment following receipt of shareholder approval through postal ballot and in-principle approval from stock exchanges on January 16, 2026.

Allotment Details

The company completed the allotment of securities at an issue price of Rs 120.88 per share, including a premium of Rs 115.88 over the face value of Rs 5.00. The allotment comprised two components:

The convertible warrants can be converted into equivalent equity shares within 18 months from the allotment date upon payment of the remaining 75% consideration amount.

Investor Composition

The allotment was made to three strategic investors across different categories:

Capital Structure Impact

The preferential allotment has resulted in a significant expansion of the company's equity base. The paid-up equity share capital increased from Rs 3,57,41,80,970 comprising 71,48,36,194 fully paid-up equity shares to Rs 3,90,50,87,645 comprising 78,10,17,529 fully paid-up equity shares of Rs 5.00 each.

Upon full conversion of the outstanding warrants, the company's paid-up capital will further increase to Rs 4,07,05,40,985, comprising 81,41,08,197 equity shares of Rs 5.00 each. This represents a substantial increase in the company's equity base and provides additional financial resources for business operations.

Regulatory Disclosure and Shareholding Impact

Hyderabad Jabilli Properties Private Limited, a promoter group entity, has filed the required disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 on January 30, 2026. The disclosure provides detailed shareholding information:

The entity is associated with 24 Persons Acting in Concert (PAC), including key promoter family members such as Mr. Mallikarjuna Rao Grandhi, Mrs. Varalakshmi Grandhi, and various family trusts and group companies.

Regulatory Compliance

The allotment process followed all regulatory requirements under SEBI regulations. The newly allotted equity shares will rank pari-passu in all respects with existing equity shares of the company. GMR Power & Urban Infra Limited has indicated that it will apply to stock exchanges for listing and trading approval for the newly allotted shares in due course.

The Management Committee meeting that approved the allotment was conducted on January 28, 2026, from 10:30 AM to 11:00 AM, demonstrating the company's commitment to timely execution of the fundraising plan approved by the Board of Directors on December 17, 2025.