NSEGeneral Updates9 Jul 2026 · 9 Jul 2026, 10:07 pm
General Updates
GMR Power and Urban Infra Limited · GMRP&UI
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GMR Power and Urban Infra Limited has informed that the status of Kalinga Solar Power Limited has changed from a step-down wholly owned subsidiary to a step-down subsidiary of the Company, following the allotment of equity shares to GMR Energy Limited and Grasim Industries Limited.
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Full Announcement
Change in the status of Kalinga Solar Power Limited as a step down subsidiary of the Company
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GPUIL_09072026220701_DraftintimationGKSPL.pdf
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July 9, 2026
BSE Limited, National Stock Exchange of India Ltd.
Phiroze Jeejeebhoy Towers, Exchange Plaza,
Dalal Street, Plot no. C/1, G Block,
Mumbai 400001. Bandra-Kurla Complex
Scrip: 543490 Bandra (E)
Mumbai - 400051.
Symbol: GMRP&UI
Dear Sir/Madam,
Sub: Intimation under Regulation 30 of the Securities and Exchange Board of India
(Listing Obligations and Disclosure Requirements) Regulations, 2015 –
Change of status of GMR Kalinga Solar Power Limited from step-down wholly
owned subsidiary to step-down subsidiary of the Company.
This is further to our earlier disclosure dated November 24, 2025, regarding incorporation of
GMR Kalinga Solar Power Limited (“GKSPL”), as a wholly owned subsidiary (“WOS”) of GMR
Energy Limited (“GEL”), a WOS of the Company, for development of ~ 10 MW captive solar
power generating plant on a design, build, finance, operate basis in Kamalanga, Odisha.
We further wish to inform that GKSPL had entered into a long term agreement with Grasim
Industries Limited (“Grasim”), for supplying power, and has agreed to make equity infusion
in the project with GEL in the ratio of 71:29, with GEL holding 71% equity.
In this regard, we wish to inform that the Board of directors of GKSPL on July 08, 2026, upon
receipt of the first tranche of subscription amount, has allotted equity shares to GEL and
Grasim in the ratio of 71:29. By virtue of the aforesaid allotment, the status of GKSPL changed
from a wholly owned subsidiary to a step-down subsidiary of the Company.
None of the Company’s promoters / promoter group / group companies have any interest in
the above transaction.
This is for your information and record.
Thanking you,
For GMR Power and Urban Infra Limited
Vimal Prakash
Company Secretary &
Compliance Officer
GMR Power & Urban Infra Limited
Corporate Office: New Udaan Bhawan, Opp. Terminal 3, Indira Gandhi International Airport, New Delhi - 110 037
Registered Office: Unit No. 12, 18th Floor, Tower A, Building No. 5, DLF Cyber City, DLF Phase– III, Gurugram– 122002, Haryana, India
CIN L45400HR2019PLC125712 T +91 124 6637750, E GPUIL.CS@gmrgroup.in W www.gmrpui.com