GMR Power & Urban Infra
111.36
-1.61(-1.43%)
Market Cap₹- Cr
PE Ratio-
IndustryPower
Company Performance:
1D-1.43%
1M-9.37%
6M+0.37%
1Y-2.19%
5Y+144.21%
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More news about GMR Power & Urban Infra
11Sept 25
Supreme Court Upholds Pro-Rata Coal Allocation for GMR Kamalanga Energy
The Supreme Court dismissed appeals by Haryana and Odisha Distribution Licensees, upholding the Appellate Tribunal for Electricity's 2019 judgment on proportionate allocation of linkage coal among three state DISCOMs. This allows GMR Kamalanga Energy Limited (GKEL), a subsidiary of GMR Power and Urban Infra Limited (GPUIL), to recover outstanding payments with interest from Haryana Discoms. The ruling provides operational clarity on coal allocation and sets a precedent for equitable resource distribution in the power sector.
08Sept 25
GMR Power & Urban Infra Promoter Pledges 10.5 Million Shares to NBFC
GMR Enterprises Private Limited, the promoter of GMR Power & Urban Infra Limited, has pledged 10.5 million shares (1.47% of total share capital) to Arka Fincap Limited. This brings the total encumbered promoter shareholding to 77.19%, exceeding 20% of the company's total share capital. The pledged shares are valued at ₹1,173.48 crores against a borrowed amount of ₹500 crores, providing a security cover ratio of 2.35. The pledge was made for personal use by the promoters.
25Aug 25
GMR Power And Urban Infra Approves 30 Billion Rupee Fundraising Resolution
GMR Power & Urban Infra's board has approved an enabling resolution to raise funds up to ₹3,000 crore (30 billion rupees). This decision provides the company with financial flexibility and the potential to pursue growth opportunities in the power and urban infrastructure sectors. The approval is for an enabling resolution, meaning the company now has the option to raise these funds, but the actual fundraising process will depend on market conditions and specific needs.
22Aug 25
GMR Power And Urban Infra Approves Ambitious ₹3,000 Crore Fund Raising Plan
GMR Power & Urban Infra Limited's board has approved raising up to ₹3,000 crore through various securities including equity shares, debentures, and FCCBs. The funds will be raised in tranches via methods like QIP. The board also recommended re-appointing three Independent Directors for five-year terms, subject to shareholder approval at the upcoming AGM.
19Aug 25
GMR Power and Urban Infra Limited to Consider ₹3000 Crore Fund Raising Proposal
GMR Power & Urban Infra Limited (GPUIL) has announced a Board of Directors meeting on August 22, 2025, to consider a proposal for raising funds up to ₹3000 Crore. The fund-raising could be through Qualified Institutions Placement (QIP), Foreign Currency Convertible Bonds (FCCBs), or other securities, in one or more tranches. The proposal is subject to shareholder, regulatory, and statutory approvals. This move indicates GPUIL's intent to strengthen its financial position for potential expansion or debt reduction.
30Jul 25
GMR Power and Urban Infra Reports Q1 Profit, Appoints Key Auditors
GMR Power & Urban Infra Limited (GPUIL) reported a net profit of Rs. 24.17 crore in Q1, compared to a loss of Rs. 204.19 crore in the same quarter last year. Revenue decreased to Rs. 94.30 crore from Rs. 130.50 crore. EBITDA was Rs. 69.53 crore. The Board approved reappointment of M/s. Walker Chandiok & Co LLP as Statutory Auditors, appointed M/s. V Sreedharan & Associates as Secretarial Auditor, and M/s. JSN & Co. as Cost Auditor. Mr. Madhva Bhimacharya Terdal transitioned from Executive Director to Non-Executive Non-Independent Director. Power segment remained the largest revenue contributor at Rs. 1,349.90 crore.
14Apr 25
GMR Power & Urban Infra to Divest Stakes in Three Power Projects, Aims to Reduce Debt by ₹4,400 Crore
GMR Power & Urban Infra Limited (GPUIL) has signed an agreement with Synergy Investments Holding Limited to sell its interests in two gas-based power plants and one hydro-electric project for ₹653 crore. The transaction is expected to reduce GPUIL's debt by approximately ₹4,400 crore and is set to complete by September 30, 2025. The divestment includes stakes in GMR Bajoli Holi Hydropower (79.86%), GMR Vemagiri Power Generation (51%), and GMR Rajahmundry Energy (51%). This move aligns with GPUIL's 'Asset Light Asset Right' strategy, aiming to deleverage its balance sheet and spin off non-operational assets.
GMR Power & Urban Infra
111.36
-1.61
(-1.43%)
1 Year Returns:-2.19%
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