On 22 February 2014
GMR, Temasek and IDFC Alternatives led consortium of investors have agreed to restructure their existing investment in GMR Energy. These investors had invested Rs 1395 crores in compulsorily convertible preference shares (CCPS) in GEL in 2010. GMR Group and the investors have now agreed to restructure the terms taking into account the interest of both the parties.Powered by Capital Market - Live News
