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GMR Airports Ltd ( (IN:GMRAIRPORT) ) just unveiled an update.
GMR Airports Limited has announced the acquisition of a 60% stake in GMR Terna Commercial S.A., a company based in Athens, Greece, through its wholly-owned subsidiary, GMR Airports Greece Single Member S.A. This acquisition, involving a subscription of 600,000 shares valued at Euro 600,000, aims to enhance GMR’s non-aeronautical business operations at the Crete Airport in Kasteli, Greece. The move is expected to strengthen GMR’s airport-related business portfolio, with no related party transactions or regulatory approvals required.
More about GMR Airports Ltd
GMR Airports Limited, formerly known as GMR Airports Infrastructure Limited, operates in the aviation industry, focusing on the development, operation, and maintenance of airports. The company is involved in both aeronautical and non-aeronautical airport services, with a market focus on expanding its airport-related businesses.
Average Trading Volume: 470,399
Technical Sentiment Signal: Strong Buy
Current Market Cap: 943.7B INR
See more data about GMRAIRPORT stock on TipRanks’ Stock Analysis page.