Archive · 21 Aug 2025
GMR Airports Board Approves ₹5,000 Crore Fundraise
GMR Airports, which runs airports like Delhi's, plans to get up to 5,000 crore rupees.
They'll do this by selling things like stocks and bonds.
The money will help them build a cargo city at Delhi's airport, which is a big deal for moving goods.
A special company will be created just for this cargo project.
GMR also runs airports in places like Hyderabad and Goa, showing they manage several airports.
GMR Airports' board approved raising up to ₹5,000 crore.
The funds will be raised through securities, including shares and bonds.
A wholly-owned subsidiary will handle the cargo city project.
The cargo city will be at Delhi's Indira Gandhi International Airport.
GMR Airports operates airports, including in Hyderabad and Goa.
- Who
- GMR Airports
- What
- GMR Airports' board approved raising up to ₹5,000 crore and a cargo city project.
- When
- Thursday
- Where
- Indira Gandhi International Airport (Delhi), Hyderabad, Goa
- Why
- Not explicitly stated in the article.
- Amount to be Raised
- Up to ₹5,000 crore
- Raising Funds Via
- Securities (shares, bonds, FCCBs)
- Cargo City Location
- Indira Gandhi International Airport (IGIA)
- Cargo City Land
- 50.5 acres
- IGIA Operator
- Delhi International Airport Ltd (DIAL)
- Other Airports Operated
- Hyderabad, Goa