GMR Infra to seek shareholders’ approval to raise upto Rs 2,500 cr

GMR Infrastructure on Saturday said that it plans to seek shareholders’ approval for raising funds up to Rs 2,500 crore.

According to a filing with the BSE, the company said that it will seek the shareholders’ nod at its 21st annual general meeting on September 29, 2017.

“Approval of the shareholders is being sought inter-aila, for raising of funds, up to Rs 2,500 crore in one or more tranches, through issue of equity shares/equity linked instruments, debentures or any other securities as an enabling resolution as per the requirements of applicable laws,” the filing said.

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