Corporate News     30-Apr-24
GMR Airports Infrastructure to acquire minor stake in WAISL
GMR Airports Infrastructure has entered into a share purchase agreement to acquire 4,60,000 equity shares of Waisl (WAISL) (representing 8.40% of the equity shares of WAISL) from Utthishta Virat Fund, an existing shareholder of WAISL, for a total consideration of Rs. 56.66 crore.

WAISL was incorporated on 22 October 2009, under the Companies Act, 1956 and is engaged in the business of delivering world-class, end to end digital infrastructure at airports and operates as an exclusive partner for IT services at airports. Revenue from operations of WAISL for the FY 2023, 2022 and 2021 were Rs.391 crore, Rs.152 crore and Rs.143 crore respectively.

The Company has been exploring opportunities of investing in entities engaged in Airport adjacencies/ Airport related businesses etc. to strengthen its presence in all aspects of airport related / airport adjacent businesses.

Previous News
  GMR Airports handles over 10 million passengers in May’25
 ( Hot Pursuit - 18-Jun-25   10:36 )
  GMR Airports reports consolidated net loss of Rs 237.59 crore in the March 2025 quarter
 ( Results - Announcements 23-May-25   09:15 )
  GMR Airports to convene board meeting
 ( Corporate News - 19-May-25   12:03 )
  GMR Airports receives grant to operate existing cargo terminal at IGI Airport, New Delhi
 ( Corporate News - 16-May-25   09:09 )
  GMR Airports' passenger traffic jumps 8% YoY in Mar'25
 ( Hot Pursuit - 21-Apr-25   10:19 )
  Siemens Ltd leads gainers in 'A' group
 ( Hot Pursuit - 07-Apr-25   12:00 )
  GMR Airports raises Rs 1,100 cr via bond issuance
 ( Corporate News - 25-Feb-25   19:34 )
  Barometers trade with moderate cuts; PSU bank shares decline
 ( Market Commentary - Mid-Session 18-Feb-25   10:30 )
  GMR Airports' passenger traffic jumps 11% YoY in Jan'25
 ( Hot Pursuit - 18-Feb-25   09:49 )
  GMR Airports gains on reporting turnaround Q3 numbers in FY25
 ( Hot Pursuit - 29-Jan-25   12:48 )
  GMR Airports reports consolidated net profit of Rs 266.79 crore in the December 2024 quarter
 ( Results - Announcements 29-Jan-25   07:39 )
Other Stories
  Gautam Exim announces board meeting date
  21-Jun-25   20:01
  Union Bank of India to convene board meeting
  21-Jun-25   20:01
  Mahesh Developers schedules board meeting
  21-Jun-25   17:25
  Kimia Biosciences to hold board meeting
  21-Jun-25   17:24
  Alps Industries to hold board meeting
  21-Jun-25   15:28
  Mangalam Seeds to conduct board meeting
  21-Jun-25   15:28
  Novelix Pharmaceuticals to conduct board meeting
  21-Jun-25   15:28
  East West Freight Carriers to conduct board meeting
  21-Jun-25   15:28
  GRP AGM scheduled
  21-Jun-25   15:24
  Adline Chem Lab to hold AGM
  21-Jun-25   15:24
Back Top