Promoters to infuse Rs. 600 cr in GMR Infrastructure.

Promoters of GMR Infrastructure, led by Chairman G M Rao, are planning to increase their stake in the company by infusing Rs. 600 crore through warrants.

The GMR Infrastructure board approved a proposal to issue up to 180 million warrants, entitling up to 18 million shares, under preferential allotment to promoters.


BS