GMR Infrastructure to be renamed as GMR Airports Infrastructure
GMR Group is operating Delhi and Hyderabad airports as well as the Mactan Cebu International Airport (MCIA) in the Philippines. Earlier this month, the group said its joint venture Angkasa Pura Aviasi has started operating the Kualanamu International Airport in Medan, Indonesia.
GMR Infrastructure will seek shareholders' approval to change its name to GMR Airports Infrastructure Ltd.
The company will seek the nod of shareholders through a postal ballot, it said in a filing to BSE on Thursday.
Shareholders' approval will be sought for the change of name of the company from 'GMR Infrastructure Limited' to 'GMR Airports Infrastructure Ltd' and consequent alteration in the Memorandum and Articles of Association of the company, the filing said.
The voting through the electronic mode will commence from July 29 and end on August 27.
GMR Group is operating Delhi and Hyderabad airports as well as the Mactan Cebu International Airport (MCIA) in the Philippines. Earlier this month, the group said its joint venture Angkasa Pura Aviasi has started operating the Kualanamu International Airport in Medan, Indonesia.
It also recently finished the construction of Clark Airport in the Philippines and is also coming up with a new airport at Crete in Greece.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
SBI 444-day FD vs PNB 400-day FD: Here's what general and senior citizens will get in maturity on Rs 3.5 lakh and 7 lakh investments in special FDs?
Power of Compounding: How long it will take to build Rs 5 crore corpus with Rs 5,000, Rs 10,000 and Rs 15,000 monthly investments?
Rs 3,500 Monthly SIP for 35 years vs Rs 35,000 Monthly SIP for 16 Years: Which can give you higher corpus in long term? See calculations
Looking for short term investment ideas? Analysts suggest buying these 2 stocks for potential gain; check targets
08:56 AM IST