NSEDisclosure under SEBI Takeover Regulations22 Jun 2026 · 22 Jun 2026, 06:46 pm
Disclosure under SEBI Takeover Regulations
GMR Power and Urban Infra Limited · GMRP&UI
✦ AI SummaryPromoter Reclassif.
GMR Estate Management Private Limited acquired 7,45,56,604 equity shares of GMR Power and Urban Infra Limited from GMR Enterprises Private Limited on June 16, 2026, at INR 107.48 per share. This inter-se transfer, constituting approximately 9.55% of the total share capital, is part of an internal restructuring and is exempt from an open offer under Regulation 10(1)(a)(iii) of SEBI (SAST) Regulations, 2011. Post-transaction, GMR Estate Management's stake increased to 24.91%, while GMR Enterprises' stake decreased to 10.18%.
Analysis Scores
Earnings Impact5/10
Growth Catalyst5/10
Governance Concern2/10
Regulatory Risk2/10
Balance Sheet Risk5/10
Liquidity Impact5/10
Market Sentiment5/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
GMR Estate Management Private Limited has submitted to the Exchange a copy of Disclosures under Regulation 10(6)-Report to stock Exchange in respect of any acquisition made in reliance upon exemption provided for in regulation 10 of SEBI (SAST) Regulations, 2011.
Attachments (1)
📄pdf
Download →
team_bbodade_22062026184433_UI.pdf
View document text
GMR ESTATE MANAGEMENT PRIVATE LIMITED
(Formerly known as Kondampeta Properties Private Limited)
CIN: U45201KA2008PTC045214
Add: Ground Floor, Skip House, 25/1, Museum Road, Bangalore, Karnataka, 560025
Email: Ravi.Majeti@gmrgroup.in; Tel: +91 11 49216788
Date: June 22, 2026
BSE Limited National Stock Exchange of India Ltd.
Phiroz Jeejeebhoy Towers, Exchange Plaza, C-1, Block G
Dalal Street, Bandra Kurla Complex
Mumbai – 400001 Bandra East
Mumbai 400051
GMR Power and Urban Infra Limited
Registered Office:
Unit no. 12, 18th Floor, Tower A, Building No. 5,
DLF Cyber City, DLF Phase III,
Haryana, India, 122002
Re: Intimation for acquisition of equity shares of GMR Power and Urban Infra Limited (“Target
Company”) under Regulation 10(6) of SEBI (Substantial Acquisition of Shares and Takeovers)
Regulations, 2011.
We make reference to the prior intimation made by GMR Estate Management Private Limited to the
stock exchanges (namely BSE Limited and National Stock Exchange of India Limited) under Regulation
10(5) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 on June 04,
2026 informing about the proposed inter-se transfer of up to 7,46,00,000 equity shares of GMR Power
and Urban Infra Limited between GMR Enterprises Private Limited and GMR Estate Management
Private Limited.
In compliance with the provisions of Regulation 10(1)(a)(iii) read with Regulation 10(6) of SEBI
(Substantial Acquisition of Shares and Takeover) Regulations, 2011, we wish to submit the disclosure
(as attached under Annexure I) with regard to the acquisition of 7,45,56,604 equity shares of GMR
Power and Urban Infra Limited by GMR Estate Management Private Limited from GMR Enterprises
Private Limited through inter se transfer on June 16, 2026.
Please find enclosed the disclosure (attached under Annexure I) as required under Regulation 10(6) of
the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
This is for your information and records.
Thanking you,
Yours faithfully,
For GMR Estate Management Private Limited
Authorised signatory
Place: New Delhi
GMR ESTATE MANAGEMENT PRIVATE LIMITED
(Formerly known as Kondampeta Properties Private Limited)
CIN: U45201KA2008PTC045214
Add: Ground Floor, Skip House, 25/1, Museum Road, Bangalore, Karnataka, 560025
Email: Ravi.Majeti@gmrgroup.in; Tel: +91 11 49216788
ANNEXURE I
Report to Stock Exchanges in respect of any acquisition made in reliance upon
exemption provided for in Regulation 10 of SEBI (Substantial Acquisition of Shares and
Takeovers) Regulations, 2011
1. Name of the Target Company (TC) GMR Power and Urban Infra Limited
2. Name of the acquirer(s) GMR Estate Management Private Limited
3. Name of the stock exchange where 1. National Stock Exchange
shares of the TC are listed 2. Bombay Stock Exchange
4. Details of the transaction including Inter-se transfer, as a part of internal
rationale, if any, for the transfer/ restructuring.
acquisition of shares.
5. Relevant regulation under which the acquirer
is exempted from making open Regulation 10(1)(a)(iii)
offer.
6. Whether disclosure of proposed acquisition
was required to be made under regulation 10
(5) and if so,
- whether disclosure was made and Yes
whether it was made within the timeline
specified under the regulations.
- date of filing with the stock exchange. June 04, 2026
7. Details of acquisition Disclosures Whether the
required to be disclosures under
made under regulation 10(5)
regulation 10(5) are actually made
a. Name of the transferor / seller GMR Enterprises Yes
Private Limited
b. Date of acquisition Any time after 4 The disclosure was
working days from the made four working
date of the intimationdays prior to the
made under regulation acquisition and the
10(5). The acquisition acquisition was
was undertaken on undertaken on June 16,
June 16, 2026. 2026.
c. Number of shares/ voting rights in Up to 7,46,00,000 Yes
respect of the acquisitions from each equity shares.
person mentioned in 7(a) above The disclosure was
made four working
days prior to the
acquisition and the
acquisition was
undertaken on June 16,
2026.
GMR ESTATE MANAGEMENT PRIVATE LIMITED
(Formerly known as Kondampeta Properties Private Limited)
CIN: U45201KA2008PTC045214
Add: Ground Floor, Skip House, 25/1, Museum Road, Bangalore, Karnataka, 560025
Email: Ravi.Majeti@gmrgroup.in; Tel: +91 11 49216788
d. Total shares proposed to be acquired / Up to 9.55% of the total Yes
actually acquired as a % of diluted share capital of the TC
share capital of TC and up to 9.16% on a The equity shares
fully diluted basis. acquired represent 9.55
% of the total share
capital of the TC and
9.16% on a fully diluted
basis.
e. Price at which shares are proposed to The shares of the TC Yes
be acquired / actually acquired will be acquired at a
price not exceeding the 7,45,56,604 equity
limits provided in the shares of the TC were
proviso (i) toacquired at INR 107.48
Regulation 10(1)(a) of per share on June 16,
the SEBI (Substantial 2026.
Acquisition of Shares
and Takeovers)
Regulations, 2011.
8. Shareholding details Pre-Transaction Post-Transaction
No. of % No. of %
shares held w.r.t shares w.r.t
total held total
share share
capit capital
al of ofT C
a Each Acquirer / Transferee(*)
1. GMR Estate Management Private 12,00,00,000 15.36% 19,45,56,604 24.91%
Limited
b Each Seller / Transferor
1. GMR Enterprises Private Limited 15,40,84,313 19.73% 7,95,27,709 10.18%
GMR ESTATE MANAGEMENT PRIVATE LIMITED
(Formerly known as Kondampeta Properties Private Limited)
CIN: U45201KA2008PTC045214
Add: Ground Floor, Skip House, 25/1, Museum Road, Bangalore, Karnataka, 560025
Email: Ravi.Majeti@gmrgroup.in; Tel: +91 11 49216788
Note:
(*) Shareholding of each entity shall be shown separately and then collectively in a
group.
The above disclosure shall be signed by the acquirer mentioning date & place. In case,
there is more than one acquirer, the report shall be signed either by all the persons or
by a person duly authorized to do so on behalf of all the acquirers.
******