GMR Infrastructure on Friday mentioned the corporate’s identify has been modified to GMR Airports Infrastructure Ltd after the demerger of its non-airport enterprise.
”Put up receipt of approval of the shareholders of the corporate and mandatory regulatory approvals, the change of identify is efficient from September 15, 2022,” it mentioned in a launch.
The corporate had demerged its non-airport enterprise — EPC and concrete infrastructure — to GMR Energy and City Infra Restricted.
”To mirror the above attribute of being an airport holding firm publish the demerger, it was deemed applicable to mirror the airport enterprise within the identify of the corporate as nicely,” the discharge mentioned.
Presently, GMR Airports is working airports at Delhi, Hyderabad and Cebu within the Philippines. It has additionally bagged the event and operation rights of Kualanamu Worldwide Airport in Medan, Indonesia.
The corporate can be creating three greenfield airports at Goa and Bhogapuram in India, and Crete airport in Greece.
(This story has not been edited by Devdiscourse workers and is auto-generated from a syndicated feed.)