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GMR Power & Urban Infra Approves Rs. 1,200 Crore Preferential Issue

Story Highlights
  • GMR Power & Urban Infra plans to raise Rs. 1,200 crore via equity shares and convertible warrants.
  • This move aims to fund future projects and strengthen the company’s market position.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
GMR Power & Urban Infra Approves Rs. 1,200 Crore Preferential Issue

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GMR Power and Urban Infra Ltd ( ($IN:GMRP&UI) ) just unveiled an update.

GMR Power & Urban Infra Limited has conducted a board meeting on December 17, 2025, approving a preferential issue of equity shares and convertible warrants under SEBI regulations. This initiative involves issuing up to 661.81 lakh equity shares and 330.90 lakh convertible warrants, raising Rs. 1,200 crore aimed at funding future projects and strengthening the company’s financial position. These developments reflect a strategic effort to bolster their market presence and attract investments, which could have significant implications for stakeholders and the broader industry.

More about GMR Power and Urban Infra Ltd

GMR Power & Urban Infra Limited operates within the infrastructure and energy industries, focusing on developing and managing urban infrastructure projects and power generation facilities. The company aims to drive growth through strategic investments and partnerships, contributing to urban and industrial development across India.

Average Trading Volume: 293,183

Current Market Cap: 82.35B INR

Find detailed analytics on GMRP&UI stock on TipRanks’ Stock Analysis page.

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