GMR Infrastucture gets first tranche towards stake divestment in Kakinada SEZ

Diversified conglomerate GMR Infrastucture Ltd on Friday announced the receipt of total first tranche consideration towards sale of 51 per cent equity owned by its wholly-owned subsidiary GMR SEZ and Port Holdings Ltd (GSPHL) in Kakinada SEZ Ltd (KSEZ) to Aurobindo Realty and Infrastructure. As part of the stale transfer and in terms of regulatory requirements, the […]