dailyhunt
25 Apr 2026
France's Groupe ADP is selling up to 7.3 per cent stake in GMR Airports to the GMR promoter group for more than Rs 10,100 crore.
Groupe ADP has entered into agreements for sale of its securities representing 7.3 per cent stake in GAL to the GMR promoter group, according to a statement issued by the French group.
The deal will be executed through an initial sale and entry into options relating to ordinary or preference shares as well as the early purchase by GMR Group of the convertible bonds issued by GAL and currently held by Groupe ADP...
