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Board of GMR Infrastructure approves rights issue

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Capital Market
Last Updated : Sep 16 2014 | 2:15 PM IST

At meeting held on 16 September 2014

GMR Infrastructure announced that the Board of Directors of the Company at its meeting held on 16 September 014, inter alia, has considered and approved, subject to necessary approvals, as may be required, issue of equity shares by way of rights issue to the shareholders of the Company ("Rights Issue") for an amount upto Rs. 1500 crore in aggregate in accordance with the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009 ("ICDR Regulations"), as amended and other applicable laws, rules and regulations.

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First Published: Sep 16 2014 | 12:28 PM IST

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