BOM:543490

2 stories mentioning BOM:543490Updated 1d ago

Every FINWIRES story that references BOM:543490, newest first.

GeeCee Ventures Raises Stake in GMR Power and Urban Infra

GeeCee Ventures (NSE:GEECEE, BOM:532764) has acquired 100,000 equity shares of GMR Power and Urban Infra (NSE:GMRP&UI, BOM:543490) through an open market purchase for about 10.5 million Indian rupees.The shares were acquired at 105.45 rupees apiece and represent approximately 0.03% of the paid-up share capital of GMR Power and Urban Infra, according to a Tuesday stock exchange filing.Following the transaction, GeeCee Ventures' investment in GMR Power and Urban Infra increased to about 21.1 million rupees, with its shareholding rising to 200,000 equity shares.Shares of GeeCee Ventures fell over 3% in early trade on Wednesday.

BOM:532764BOM:543490NSE:GEECEENSE:GMRP&UI

Asia10d ago

GMR Power to Offload Entire 26% Stake in Mumbai Airport JV

GMR Power and Urban Infra (NSE:GMRP&UI, BOM:543490) agreed to sell its entire 26% stake in joint venture Portus Ventures to Adani Airport City for 36,400 Indian rupees, according to a Monday filing to the Indian stock exchanges.The divestment is expected to be completed by June 17.Portus was formed as a joint venture company with Shree Naman Developers for land development activities within the Chatrapati Shivaji Maharaj International Airport in Mumbai, India.The project is in the pre-planning phase and recently entered the construction phase.

BOM:543490NSE:GMRP&UI

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