₹6300 crore inflow from abroad, company to reduce debt, share price rises to ₹82
The GMR Group has announced a significant financial move by securing a loan of ₹6,300 crores from the Abu Dhabi Investment Authority (ADIA) on Wednesday. This funding will primarily be utilized to settle the debts of its promoter group company, GMR Enterprises Private Limited (GEPL). Such strategic financial arrangements are indicative of the group’s proactive ...