GMR Holdings hikes stake in GMR Infra to 74.21 pc | business | Hindustan Times
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GMR Holdings hikes stake in GMR Infra to 74.21 pc

GMR Infrastructure said one of its promoters, GMR Holdings Pvt, has hiked its stake to 74.21 per cent with the purchase of shares worth Rs 2.40 crore through open market transaction.

business Updated: Feb 20, 2009 12:50 IST

GMR Infrastructure on Friday said one of its promoters, GMR Holdings Pvt, has hiked its stake to 74.21 per cent with the purchase of shares worth Rs 2.40 crore through open market transaction.

In a filing to the Bombay Stock Exchange, the company said that GMR Holdings has purchased over 3.05 lakh shares representing 0.017 per cent for Rs 2.40 crore.

The promoter held 74.19 per cent stake in the company before the transaction and now it holds 74.21 per cent stake with over 135.12 crore shares.

Shares of GMR Infrastructure were trading at Rs 77.75, down 2.08 per cent on the BSE.

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