GMR AIRPORTS LIMITED — JV/Acquisition, 26-06-2025: Acquisition
26-06-2025 | 08:01 pm
26-06-2025 | 08:01 pm
GMR Hyderabad International Airport Limited has acquired a 70% stake in ESR GMR Logistics Park Private Limited, making it a wholly owned subsidiary. This move boosts GMR’s presence in airport-based industrial and warehousing assets, enhancing its logistics portfolio. The strategic buy strengthens operational control and supports GMR’s expansion in integrated infrastructure, potentially driving stable cash flows and value from industrial real estate verticals. No financial details were disclosed.
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