GMR Power and Urban Infra Limited — JV/Acquisition, 31-12-2025: Acquisition

GMR Power & Urban Infra (GPUIL) has expanded its green energy footprint. Its wholly-owned subsidiary, GMR Energy, incorporated GMR Utkal Solar Power Limited (GUSPL) as a new step-down subsidiary. With a paid-up capital of Rs 0.01 Cr, GUSPL will develop a solar power project in Kamalanga, Odisha. This 100% acquisition solidifies GPUIL's strategic push into the renewable energy sector, specifically solar power generation, signaling future growth in sustainable energy. The immediate financial impact is minimal, but the operational strategic direction is clear.