GMR divests 51% stake in GMR OSE Hungund Hospet Highways - Business Standard

Business Standard
GMR divests 51% stake in GMR OSE Hungund Hospet Highways
Business Standard
GMR Group firms have entered into an agreement with its partners to divest 51% stake in its joint venture running a road project in Karnataka. The deal will help GMR Group pare debt by Rs 1,077.97 crore and enhance liquidity by Rs 85 crore.
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