ALPHA TRIBE

GMR AIRPORTS LIMITEDQIP/Rights/Pref., 13-08-2025: Allotment of Securities

13-08-2025 | 06:42 pm

GMR Airports has allotted 5.9 lakh Non-Convertible Bonds (NCBs) via private placement. Each NCB has a face value of ₹1 lakh, with some issued at ₹1,00,015 and others at ₹1,00,000. The company raised over ₹5,900 Cr from this allotment, primarily to re-finance existing NCBs. These bonds carry a 5% annual coupon and will be listed on BSE. This strategic move helps optimize the company's debt structure and strengthens its financial position.

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