wherein the Company had intimated that GMR Energy Limited, one of the (“DRHP”) in relation to the proposed initial public offering of. Business Excellence in GMR Energy | FY 2 . GMRETL GMR Energy Trading Limited Filing DRHP and concluding GEL IPO. GMR Infra – Updates on Draft Red Herring Prospectus dated March 28, (“ DRHP”) initial public offering of equity shares (the “Issue”) of GMR Energy Limited. selling shareholders have withdrawn the DRHP filed with the Securities and.
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GMR Infrastructure withdraws plan to list energy unit – Livemint
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GMR Infrastructure withdraws plan to list energy unit
The company was planning to utilise the IPO proceeds for meeting its equity commitment and for debt reduction. GMR Group has interests in gjr, energy, highways and urban infrastructure sectors.
GMR Infrastructure is the holding company formed to fund the capital requirements of various projects across the sectors. It undertakes the development of infrastructure projects through its various subsidiaries. Shares of GMR Infrastructure closed up by 2.
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