Fidelity entered GMR Airports Limited with 18,00,57,403 shares, a 1.71% stake, worth ₹1,990.23 Cr at a share price of ₹110.54.
A diversified infrastructure company, GMR Airports develops, maintains, and operates airports across India while generating power and conducting coal mining exploration activities. The company also develops highways, special economic zones, and undertakes engineering, procurement, and construction contracting services. Its airport operations form a significant business pillar within its broader infrastructure portfolio spanning multiple sectors.
Boston-based global active asset manager with India exposure through emerging market and India-focused funds.
