GMR Group gets Rs 6,300 cr investment from Abu Dhabi Investment Authority

GMR Group has received Rs 6,300 crore investment from Abu Dhabi’s sovereign wealth fund ADIA and the funds will help in reducing the debt of promoter group entity GMR Enterprises Pvt Ltd (GEPL).

In October last year, the group had announced securing



Rs 6,300 crore debt funding from the Abu Dhabi Investment Authority (ADIA).

GMR Infra Enterprises Pvt Ltd (GIEPL) has received the amount towards the allotment of Optionally Convertible Debentures (OCDs) on January 7, according to a regulatory filing.