GMR Power and Urban Infra board to discuss fundraising plans
GMR Power and Urban Infra Limited announced its Board of Directors will convene on Wednesday, December 17, 2025. The primary agenda for this meeting is to consider, evaluate, and potentially approve a proposal to raise funds up to INR 1200 crore.
The proposed fundraising could be executed through various methods, including the issuance of equity shares or warrants to eligible investors via a preferential issue, or any other method deemed suitable by the board. Any decision will be subject to the necessary regulatory and statutory approvals, including shareholder approval.
This intimation was made in compliance with Regulation 29(1)(d) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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