New Delhi: GMR the group has increased Its bet In Hyderabad Airport 63% to 74% get 11% was held by Malaysia Airports Holdings Berhad (MAHB) Group for $100 million. The remaining 26% stake is held equally by the Airports Authority of India (AAI) and the Government of Telangana.
In a regulatory filing on January 26, GMR Airports Infra Ltd said: “The company informed the exchanges on October 25, 2023 that GMR Airports Ltd has entered into a share purchase agreement with MAHB and MAHB (Mauritius) Pvt Ltd for the acquisition of 11 “% of the equity shareholding of GMR Hyderabad International Airport Limited is held by MAHB and MAMPL.”
In a regulatory filing on January 26, GMR Airports Infra Ltd said: “The company informed the exchanges on October 25, 2023 that GMR Airports Ltd has entered into a share purchase agreement with MAHB and MAHB (Mauritius) Pvt Ltd for the acquisition of 11 “% of the equity shareholding of GMR Hyderabad International Airport Limited is held by MAHB and MAMPL.”