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Tata, GIC-led investor group buying stake in GMR Airports for Rs 8,000 crore

Updated : March 27, 2019 08:22 PM IST

As part of the deal, GMR Infra will retain management control over the airports business, with the Investors having customary rights and board representation at GMR Airports and its subsidiaries.
GMR Indra will hold 54 percent stake in GAL, Tata will own 20 percent stake, GIC will hold 15 percent stake and SSG will own 10 percent stake, said the company.
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