Tag: GMR Infrastructure

GMR divests entire stake in Kakinada SEZ Ltd

GMR Infrastructure Limited announced signing of definitive agreements for the sale of equity owned by its wholly owned subsidiary GMR SEZ and Port Holding Limited (GSPHL) of its entire 51% stake in Kakinada SEZ Limited (KSEZ) to Aurobindo Realty and Infrastructure Private Limited (ARIPL). As part of the proposed transfer of stake of KSEZ, the…