GMR Power and Urban Infra acquires 100 per cent stake in GMR Green Energy

GMR Power and Urban Infra Limited has acquired 100 per cent stake in GMR Green Energy Private Limited (GGEPL) from GMR Solar Energy Pri­vate Limited. The company has acquired the entire 50,000 equity shares of GGEPL at a face value of Rs 10 each for an aggregate cash consideration of Rs 0.5 million on June 21, 2022. The acquisition did not require any government or regulatory approval.