rediff.com
REAL-TIME QUOTE
Enter Company or MF
e.g. Tata motors, Reliance MF, 500570
GMR INFRASTRUCTURE LTD. - Outcome of Management Committee Meeting
< Back
01 Apr 2015
GMR Infrastructure Ltd has informed BSE that the Management Committee of the Board of Directors of the Company in its Meeting held on April 01, 2015 has decided to exercise the Call Option requiring the respective Investors to transfer the Compulsorily Convertible Preference Shares (CCPS) of GMR Airports Limited (subsidiary of the Company) to the Company at the Call Price to be computed in the manner provided in the respective agreements entered into between the Investors and the Company. The completion of the transaction would be upon the receipt of the requisite approvals by the parties under the applicable law from the relevant authorities.
View all announcements for GMR INFRASTRUCTURE LTD. Source: BSE India