GMR Power and Urban Infra Shares in Focus; to Consider ₹3,000 Crore Fundraising on August 22

GMR Power and Urban Infra Limited has scheduled its board meeting on August 22, 2025, to consider fundraising of up to ₹3,000 crore. The company may tap capital through qualified institutions placement (QIP), foreign currency convertible bonds (FCCBs), or other securities. The plan will remain subject to shareholder and regulatory approvals.

GMR Power Fundraising Details

The proposed fundraising could be carried out in one or more tranches. Instruments under consideration include QIP, FCCBs, or other permissible securities. The company noted that the move aligns with applicable laws and will allow access to both domestic and international capital markets.

Regulatory Approvals

The proposal requires necessary approvals from shareholders as well as clearances from statutory and regulatory authorities. The company emphasised that the flexibility of the fundraising structure will ensure compliance while providing options to optimize capital raising.

GMR Power Company Profile

GMR Power and Urban Infra, a part of the GMR Group, operates in the fields of energy, urban infrastructure, and transportation. The business portfolio reflects its focus on infrastructure-led growth and long-term capital requirements.

Share Price Performance

GMR Power and Urban Infra Ltd shares were trading at ₹119.10, up 1.26% at 9:25 AM on the NSE from the previous close of ₹117.62. The stock opened at ₹118.30, touched a high of ₹121.49 and a low of ₹118.20, with a VWAP of ₹120.01.

Read More: Hindustan Power Inks Power Purchase Agreement with UPPCL for 435 MW Solar Project in Uttar Pradesh.

Conclusion

GMR Power and Urban Infra’s plan to consider a ₹3,000 crore fundraising indicates an effort to strengthen its financial resources and support future projects. The outcome of the August 22 board meeting, along with subsequent approvals, will determine the timing and structure of the fundraising.

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