GMR Power to seek board approval for Rs 3,000 crore fundraising via securities Back
GMR Power and Urban Infra Limited will hold a board meeting on August 14, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026, and to enable a resolution for raising funds up to Rs 3,000 crore through various securities, including a Qualified Institutions Placement and Foreign Currency Convertible Bonds. The company closed its trading window for designated persons and their immediate relatives from June 30, 2026, and it will remain closed until 48 hours after the financial results are declared.