GMR Power & Urban Infra to Raise ₹1,200 Crore via Preferential Issue

GMR Power & Urban Infra Limited has announced a plan to raise up to ₹1,200 crore through a preferential issue of equity shares and warrants. The company is seeking shareholder approval for this fundra...

GMR Power & Urban Infra Limited has announced a plan to raise up to ₹1,200 crore through a preferential issue of equity shares and warrants. The company is seeking shareholder approval for this fundraising initiative. The proposed fundraising includes the issuance of up to 6,61,81,335 equity shares at an issue price of ₹120.88 per share, aggregating to ₹800 crore. Additionally, up to 3,30,90,668 warrants will be issued at ₹120.88 per warrant, convertible into equity shares, aggregating to ₹400 crore. Shareholders will be able to cast their votes on this proposal through a remote e-voting process. The e-voting period commences on Thursday, December 18, 2025, at 9:00 a.m. IST and concludes 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 company has appointed M/s V. Sreedharan & Associates as the scrutinizer for the e-voting process.

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Why is GMR Power and Urban Infra Limited in the news today?

GMR Power and Urban Infra Limited (GMRP&UI) is in the news due to the announcement details a fundraising plan, which is a standard corporate action. while it provides an opportunity for growth, it also involves dilution for existing shareholders. the neutral sentiment reflects this balance.

Equity FundraisingPreferential AllotmentShareholder Meetings
GMR Power and Urban Infra LimitedGMRP&UIhttps://prysm.fi/v2/analyze/GMRP%26UI

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GMR Power & Urban Infra to Raise ₹1,200 Crore via Preferential Issue

December 17, 2025, 01:22 PM

AI Sentiment Analysis

GMR Power & Urban Infra Limited has announced a plan to raise up to ₹1,200 crore through a preferential issue of equity shares and warrants. The company is seeking shareholder approval for this fundraising initiative.

The proposed fundraising includes the issuance of up to 6,61,81,335 equity shares at an issue price of ₹120.88 per share, aggregating to ₹800 crore. Additionally, up to 3,30,90,668 warrants will be issued at ₹120.88 per warrant, convertible into equity shares, aggregating to ₹400 crore.

Shareholders will be able to cast their votes on this proposal through a remote e-voting process. The e-voting period commences on Thursday, December 18, 2025, at 9:00 a.m. IST and concludes 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 company has appointed M/s V. Sreedharan & Associates as the scrutinizer for the e-voting process.

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