GMR Power And Urban Infra Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 17/12/2025 ,inter alia, to consider and approve the proposal for ....
GMRP&UI · price
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GMR Power and Urban Infra has informed the stock exchanges that its Board of Directors will meet on Wednesday, December 17, 2025. The main item on the agenda is to consider and approve raising of funds up to Rs. 1,200 crore. The funds will be raised by issuing equity shares or warrants to eligible investors through a preferential issue, or through any other method the Board decides. The proposal is subject to necessary regulatory and statutory approvals, including approval from the company's shareholders. This is an advance intimation filed under SEBI listing regulations before the actual board meeting takes place.
If approved, this Rs. 1,200 crore fund raise could lead to dilution of existing shareholders depending on the issue price and method. On the positive side, it would strengthen the company's balance sheet for growth or debt reduction. Investors should wait for the board meeting outcome and watch the stock closely on December 17.