GMR AIRPORTS LIMITED — JV/Acquisition, 21-05-2025: Acquisition

GMR Hyderabad International Airport Limited is acquiring an additional 70% stake in ESR GMR Logistics Park Private Limited for Rs. 41.33 Cr, turning it into a wholly-owned subsidiary. This move enhances GHIAL’s Airport Land Development strategy by expanding its footprint in Hyderabad’s logistics and warehousing sector. The acquisition strengthens GHIAL’s regional presence and supports growth in the airport ecosystem, tapping into rising demand in industrial and commercial real estate. ESR GMR Logistics Park posted revenues of Rs. 26.77 Cr in FY24, highlighting its operational scale.