Goldman Sachs decreased its stake in GMR Airports Limited from 3.48% to 1.94%, selling 162,745,207 shares for ₹1,586.89 Cr at ₹97.75 apiece.
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.
US-based global investment bank (USD 1.6 trillion in assets, USD 3 trillion+ in client AUM through Goldman Sachs Asset Management). India FPI activity covers proprietary, market-making, client flows and active asset management mandates in listed Indian equities.
