GMR AIRPORTS LIMITED has submitted the Exchange a copy Scrutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding Postal Ballot e-voting result
GMRAIRPORT · price
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GMR Airports Limited conducted a postal ballot via e-voting from June 23 to July 23, 2025, seeking shareholder approval for the sale of assets by Delhi Duty Free Services Private Limited, a material subsidiary of the company. Out of 9,754,908,494 valid votes polled (representing 92.39% of total paid-up equity share capital), an overwhelming 99.998% voted in favour of the special resolution, with only 0.002% voting against. The scrutinizer, V Sreedharan & Associates, confirmed the resolution was duly passed with the requisite majority on July 23, 2025. The result has been submitted to the exchanges and uploaded on the company's website.
Shareholders have overwhelmingly approved the asset sale by Delhi Duty Free Services, a key subsidiary linked to duty-free operations at Delhi airport, clearing the way for the transaction to proceed. This near-unanimous approval reflects strong shareholder confidence in the divestment decision and may unlock value for GMR Airports going forward.