GMR Power & Urban Infra Limited is seeking shareholder approval to raise funds up to ₹1,200 crore through a preferential issue. The proposed fundraising involves issuing equity shares and convertible warrants. The company plans to issue up to 6,61,81,335 equity shares at an issue price of ₹120.88 per share, aggregating to ₹800 crore. The allottees for this tranche are Synergy Industrial and Power Metals Limited (non-promoter) and Credit Solutions India Trust (non-promoter). Additionally, the company proposes to issue up to 3,30,90,668 warrants, each convertible into one equity share, at an issue price of ₹120.88 per warrant, aggregating to ₹400 crore. Hyderabad Jabili Properties Private Limited (promoter group) is the proposed allottee for these warrants. The remote e-voting period for shareholders to approve this preferential issue will commence on Thursday, December 18, 2025, at 9:00 a.m. IST and conclude on Friday, January 16, 2026, at 5:00 p.m. IST. The results of the postal ballot are expected to be announced on or before Monday, January 19, 2026. The preferential issue is subject to the approval of regulatory and statutory authorities, including SEBI and the stock exchanges.