GMR Infrastructure plans restructuring of its holdings in GMR Airports

GMR Infrastructure Limited (GIL) has decided to restructure its holdings in its airports vertical, GMR Airports Limited (GAL), for which agreements have been executed. As per the terms of the agreements, GIL is entitled to purchase equity held by private equity investors in GAL any time before June 5, 2017. The agreements will be effective upon receipt of the necessary regulatory approvals.