GMR bought out MAE's stake in December 2014. At the close of the investment, GMR Infra and its subsidiaries will hold a 54% stake in GAL, while Tata Group, GIC and SSG will own 20%, 15% and 10%, … The said CCPS were converted into equity shares of an equivalent amount as per the investor agreements. GMR Hyderabad International Airport Limited. © GMR Hyderabad International Airport. Talks are at a preliminary stage and discussions are underway internally and with consultancy firms, the people quoted above said. “Subsidiary” means a subsidiary as defined under the Companies Act, 2013 and the Rules made thereunder. Airports Operated currently by GMR are: In July 2020 Groupe ADP acquires a 49% stake in GMR Airports.. GMR Infrastructure Limited October 11, 2018 BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai - 400 001 Dear Sir/ Madam, Corporate Office: New Udaan Bhawan, Ground Floor Opp. Download GMR annual accounts of subsidiaries for GMR Group sector GMR Varalakshmi Foundation. 1.3. Statutory Regulation Documents. GMR Sports owning the National Capital's team has been helping it connect with the citizens of Delhi. GMR Varalakshmi Foundation (GMRVF), is the Corporate Social Responsibility wing of the GMR Group. GMR Group has forged successful relationships for domain expertise and technical collaboration Energy. Anticipating and meeting relevant and emerging needs of the society. The Group also has around 806 million tons of coal reserves in Golden Energy Mines, Indonesia and 104 mn tons in PT Barasentosa Lestari, Indonesia. General Electric. Information about key financial and legal advisors for GMR Group's financial deals transactions. The second deal is with JSW Energy, which has signed a share-purchase agreement with the subsidiary GMR Energy to acquire entire stake in 1,050 MW thermal power plant, GMR Kamalanga. Other two subsidiaries for airport and road businesses would be created by December this year, said another senior official of the group. This Airport Project is based on the Public Private Partnership (PPP) model, which is based on a Design, Build, Finance, Operate and Transfer (DBFOT) basis. , GMR Group chairman Grandhi Mallikarjuna Rao, a first-generation entrepreneur hailing from Rajam in Srikakulam District in Andhra Pradesh, pledged $340 million, which is equivalent to his personal share in the infrastructure conglomerate, to improve education among the under-served sections of the society.. GMR Aviation is a subsidiary of the GMR Group, the Delhi headquartered global infrastructure major. GMR Infrastructure Limited is the infrastructure holding company formed to fund the capital requirements of various infrastructure projects across the sectors. +91-40-66546370 GMR Visakhapatnam International Airport Limited (GVIAL), a subsidiary of GMR Airports Limited (GAL), is developing a Greenfield International Airport at Bhogapuram, Vizianagaram in Andhra Pradesh. The franchise is jointly owned by the GMR Group and JSW Group. Terminal 3, IGI Airport New Delhi 110037, India CIN L45203MH1996PLC281138 T +911147197001 F +911147197181 w www.gmrgroup.in Financial deals tables and charts covering deal value and … GMR Group - One of nation's best Infrastructure Companies Explore GMR Group, its businesses, vision, impact and more. The consortium comprises Tata Group subsidiary TRIL Urban Transport and its overseas partners Singapore sovereign wealth fund GIC and SSG Capital Management. GMR Group has developed and operates India’s busiest and currently amongst the best in the world, Indira Gandhi International Airport in New Delhi and Rajiv Gandhi International Airport at Hyderabad, India’s first Greenfield Airport Project. However GMR Infra's stake in GMR Energy Chhattisgarh was acquired by ADANI Power on 4 July 2019. GMR Hyderabad International Airport wins the Prestigious ‘Golden Peacock Business Excellence Award 2017’. GMR Visakhapatnam International Airport Limited (GVIAL), a subsidiary of GMR Airports Limited (GAL), is developing a Greenfield International Airport at Bhogapuram, Vizianagaram in Andhra Pradesh. State Bank of India is the largest lender to group flagship GMR Infrastructure Ltd. and its subsidiaries. GMR will retain management control over the airports business with Groupe ADP having the customary rights and board representation at GMR Airports Limited and its key subsidiaries. The latest agreement revises the deal agreed last year in which the group of investors agreed to acquire the 45% stake in GMR Airports for Rs80bn ($1.2bn). The deal would have helped GMR pare debt, and added capacity to JSW’s portfolio. The Group is also developing two Special Investment Regions at Krishnagiri and Kakinada and India’s largest Smart Airport City near Hyderabad International Airport. GMR Airports Limited, a subsidiary of GMR Infrastructure Ltd, will Develop, Operate and Manage the New International Airport of Heraklion at Crete in partnership with Greek infrastructure major TERNA S.A. (100% subsidiary of GEK TERNA Group). GMR Aviation was formed in 2006 to offer aircraft charter services and consultancy for business aviation. The GMR Aviation Academy (GMRAA) was established at the Rajiv Gandhi International Airport, Shamshabad, Hyderabad in 2009 for aviation personnel and allied agencies in India and abroad. Interpretation Words and expressions used in this Policy shall have the same meanings respectively Detailed reports of various financial transactions undertaken by GMR Group and its subsidiaries since 2007. Initially, the MRO was a joint venture between GMR Group and Malaysian Aerospace Engineering (MAE), a subsidiary of Malaysia Airlines. GMR Group's Annual Standalone and consolidated financial statements GMR group has won the bid for development, operations and management for the proposed International airport for Visakhapatnam at Bhogapuram  and the contract for the expansion of Dr. Babasaheb Ambedkar International Airport in Nagpur. Notice for EGM dated November 13, 2020; Annual rerurn-MGT 7-2019-20; GAPL AGM Notice 2019; Notice for EGM dated May 20, 2019 GMR Goa International Airport Limited (GGIAL), a subsidiary of GMR Airports Limited (GAL), is developing a Greenfield Airport at Mopa in North Goa. GMR Group chairman Grandhi Mallikarjuna Rao, a first-generation entrepreneur hailing from Rajam in Srikakulam District in Andhra Pradesh, pledged $340 million, which is equivalent to his personal share in the infrastructure conglomerate, to improve education among the under-served sections of the society. GMR Group is a top global player committed to creating an institution in perpetuity. Further, GMR Group has recently won the concession to develop and operate Goa’s Greenfield airport at Mopa reinforcing our standing as India’s largest private airport company. Goa Airport GMR Goa International Airport Limited (GGIAL), is a 100% subsidiary of GMR Airports Limited (GAL). GMR Group is a leading global infrastructure conglomerate with interests in Airport, Energy, Transportation and Urban Infrastructure. We will add you to our list! Hyderabad-based infrastructure major GMR Group is mulling to list GMR Energy, the holding company of the Group's energy business, on the domestic bourses … , GMR group is one of the leading players in the power sector of India with more than 4400 MW of installed capacity. The Group today has 2135 MW in operation and 5043 MW under various stages of implementation with a diversified fuel mix consisting of coal, natural gas, and hydro. GMR Group Profile GMR Group is a leading global infrastructure conglomerate with interests in Airport, Energy, Transportation and Urban Infrastructure. GMR looks at its participation in the IPL as a serious and dedicated venture, representing a broad-based opportunity spectrum. GMR Badrinath Hydro Power Generation Private Limited, 300 MW Hydro based power plant at Chamoli, Uttarakhand India GMR Londa Hydropower Private Limited, 225 MW Hydro based power plant at East Kameng, Arunachal Pradesh, India. Limited, holds 30% stake in PT GEMS, a group company of Sinarmas Group, Indonesia. GMR Goa International Airport Limited, India. The group has fifteen power generation projects of which eleven are operational and four are under various stages of development and four coal mines; seven operating road assets and six railway projects. The GMR Group has 381 employees across 2 locations. Read about GMR Investor call transcripts to understand the latest company reports General Electric. All rights reserved. It is developing a Greenfield Airport at Mopa in North Goa. GMR Group through its subsidiary GMR Coal Resources Pte. This Airport Project is based on the Public Private Partnership (PPP) model, on a Design, Build, Finance, Operate and Transfer (DBFOT) basis. Know More. JSW Energy had said that it will buy the 1,050 mw-Kamalanga power project located in Odisha for Rs 5,321 crore from the highly indebted GMR Group. However, amid its parent's poor financial situation following the Malaysia Airlines Flight 370 incident, MAE was unable to fund the MRO, which had been accruing losses. With four operating assets adding to total length of over 1824 Lane kms of Roads & Highways, GMR is one of the leading developers in India. Apart from owning and managing its own fleet, GMR Aviation also manages aircraft of other business groups. GMR’s Transportation business focuses on surface transport projects including Roads, Railways, Metros and Airstrips/ Runways in both DBFOT (under GMR Highways)and EPC (under GIL – EPC) segments. Limited, Singapore has acquired 30% equity stake in PT Golden Energy Mines Tbk (PT GEMS) in November 2011. GMR Hyderabad International Airport Limited (GHIAL) is a company promoted as a joint venture comprising the GMR Group (63%) in partnership with Airports Authority of India (AAI) (13%), Government of Telangana (13%) … GMR has forayed into sports by promoting the Indian Premier League (IPL) cricket team – Delhi Capitals and Pro-Kabaddi League-UP-Yodha. GMR Varalakshmi Foundation is the Corporate Social Responsibility arm of the GMR Group. France’s state-owned railway firm SNCF, the GMR Group and the Adani Group are amongst 20 entities which have proven curiosity in redeveloping the New Delhi railway station right into a world-class multimodal hub. As part of the terms of transaction, GMR will retain management control over the airports business with Groupe ADP having the customary rights and board representation at GMR Airports Limited and its key subsidiaries. Policy on Material Subsidiaries (Pursuant to Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“LODR”) 4 1.2.7 “Subsidiary” means a subsidiary as defined under the Companies Act, 2013 and the Rules made thereunder. Employing the Public-Private Partnership model, the Group has implemented several infrastructure projects in India. We have entered into a Long Term Service Agreement with GE for both plants. Dr. Babasaheb Ambedkar International Airport, "GMR Airports wins rights to build a new airport in Greece", "GMR boss pledges $340m for education - Times of India", "Varalakshmi Foundation, the CSR arm of the GMR Group", "Adani Power acquires GMR Infra's Chhattisgarh power plant", "GMR bags Turkey airport deal - Times of India", "GMR Infra bags contract to manage Nagpur airport", "Groupe ADP acquires 49% stake in GMR Airports with revised conditions", "GMR Hyderabad International Airport Wins the Prestigious 'Golden Peacock Business Excellence Award 2017, https://en.wikipedia.org/w/index.php?title=GMR_Group&oldid=998209712, All Wikipedia articles written in Indian English, Creative Commons Attribution-ShareAlike License, Airports, Energy, Highways and Urban Infrastructure Development, GMR Bajoli Holi Hydro Power Private Limited, GMR Badrinath Hydro Power Generation Pvt. The vision of the Foundation is to make sustainable impact on the human development of communities through initiatives in Education, Health and Livelihoods. GMR Hyderabad International Airport Limited, India. UP Yoddha (UPY) is a Kabaddi team based in Lucknow, Uttar Pradesh that plays in the Pro Kabaddi League. GMR Airports Limited, a subsidiary of GMR Infrastructure Ltd, will Develop, Operate and Manage the New International Airport of Heraklion at Crete in partnership with Greek infrastructure major TERNA S.A. (100% subsidiary of GEK TERNA Group). This Airport Project is based on the Public Private Partnership (PPP) model, which is based on a Design, Build, Finance, Operate and Transfer (DBFOT) platform.