Debt-laden GMR Infra to now sell 49% stake in airport vertical
Infrastructure major GMR Group on Thursday said that it will now sell 49% in its airports subsidiary, GMR Airports, to investors including the Tata Group, Singapore sovereign wealth fund GIC and SSG Capital Management.
The earlier agreement between the GMR Group and the investors, signed last year, was to sell 44.44% stake in GMR Airports for Rs 8,000 crore.
