GMR Infrastructure Ltd (GIL) has started trading at the stock exchanges as a pure-play airport sector company from Tuesday onwards, according to a statement.
“GIL shares started trading today ex-GPUIL. This is post the demerger of non-airports business of GIL into GMR Power and Urban Infrastructure Limited (GPUIL),” the statement said.
With GIL, for the first time, investors now have the opportunity to invest in the airport sector in the country, GMR’s said in the statement.
Airports in Delhi and Hyderabad are managed and operated by GIL currently. Moreover, the company is building a new airport at Mopa in Goa and at Crete in Greece.