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GMR Infrastructure is mainly engaged in development, maintenance and operation of airports, generation of power, coal mining and exploration activities, development of highways, development, maintenance and operation of special economic zones, and construction business including Engineering, Procurement and Construction (EPC) contracting activities.(Source : 201903 Annual Report Page No: 145)
GMR Airports' proposed Non-Convertible Bonds (up to INR 1,500 Cr) received "CARE AA-; Stable" and "Crisil AA-; Stable" ratings. Crisil Ratings also upgraded its rating for the company's existing Non-Convertible Bonds (up to INR 5,900 Cr) from "Crisil A+; Stable" to "Crisil AA-; Stable."