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As on : 25-Aug-2025
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25-Aug-2025     10:07

GMR Power & Urban Infra rises after board clears Rs 3,000 cr fundraising plan

The company will issue fully paid-up equity shares, non-convertible debentures along with warrants and/or convertible securities other than warrants and/or any other securities either through qualified institutions placement (QIP) or any other method and/or issue of foreign currency convertible bonds (FCCBs).

GMR Power and Urban Infra a subsidiary of GMR Enterprises (GEPL) holds expertise in the sectors of Energy, Urban Infrastructure and Transportation. Urbanization has given the country rapid growth and contributing towards this growth, GMR Group ventured into this business sector.

The company reported a consolidated net loss of Rs 7.80 crore in Q1 FY26 as against a net profit of Rs 1,225.15 crore in Q1 FY25. Revenue from operations rose 2.3% YoY to Rs 1,648.45 in the quarter ended 30 June 2025.

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