
On June 3, 2026, Fidelity Investment Trust made a major acquisition of shares worth ₹1,906 crore in GMR Airports.
This purchase was made from Rajiv Jain-backed GQG Partners through an open market transaction, signalling a substantial shift in shareholding.
GQG Partners Emerging Markets Equity Fund offloaded 19.5 crore equity shares in GMR Airports, amounting to a 1.84% stake, at a transaction price of ₹97.75 per share.
Fidelity Investment Trust, through its Fidelity International Small Cap Fund, emerged as the buyer. Prior to this deal, as of March 2026, GQG Partners owned 18.5 crore shares, equating to a 1.75% stake in GMR Airports.
The transaction highlights Fidelity's strategic investment in the aviation sector, reflecting its interest in expanding its portfolio within the Indian market.
Following the transaction, shares of GMR Airports experienced fluctuations before closing at ₹98.78 on the National Stock Exchange, marking a 0.66% rise.
The market response indicates a positive reception to the deal, with investors taking note of the new investment by Fidelity.
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The aviation sector wasn't the only area of activity. On the same day, Kedaara Capital Public Markets IFSC Fund I acquired 1.55 lakh shares in Inventurus Knowledge Solutions from Scott Hayworth for ₹25.31 crore, priced at ₹1,633 per share.
Meanwhile, Minerva Ventures Fund purchased 6.25 lakh shares in Balu Forge Industries for ₹30.37 crore, at ₹486.04 per share.
These transactions are part of a broader trend of strategic investments observed across different sectors, as funds and institutions actively seek opportunities in emerging markets.
As of June 04, 2026, at 9:51 AM, GMR Airports share price on NSE was trading at ₹98.91 up by 0.13% from the previous closing price.
Fidelity's acquisition of GMR Airports shares worth ₹1,906 crore from GQG Partners highlights a significant move in shareholding patterns within the Indian aviation sector. The deal, coupled with other market transactions, underscores a dynamic period of investment activity as firms assess and align their portfolio strategies.
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Published on: Jun 4, 2026, 9:56 AM IST

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