Fund Raising Details

  • Mode of Fund Raising: Preferential Issue
  • Date of Raising Funds: January 27, 2026
  • Total Issue Size: ₹1200 Crore
  • Amount Received as of September 30, 2026: ₹900 Crore (including 25% upfront consideration received on warrants)
  • Pending Amount: ₹300 Crore (balance 75% warrant subscription amount)
  • Warrant Conversion Tenure: 18 months from issuance
  • Monitoring Agency: CARE Ratings Limited

Fund Utilization Breakdown

| Purpose | Original Allocation (₹ Crore) | Amount Utilized (₹ Crore) | Deviation |

| Repayment of company borrowings | 550 | 334.64 | Nil |

| Repayment of subsidiary borrowings (GMR Generation Assets Limited, GMR Smart Electricity Distribution Private Limited, GMR Highways Limited) | 450 | 442.17 | Nil |

| Infusion into subsidiaries/JVs | 100 | 100.00 | Nil |

| General corporate purposes | 100 | 23.19 | Nil |

| Total Utilized | 1200* | 900.00 | Nil |

*Note: Total issue size is ₹1200 Crore, but only ₹900 Crore received as of September 30, 2026.

Compliance Status

  • Deviation/Variation: No
  • Shareholder Approval Required: Not Applicable
  • Audit Committee Review: The statement has been duly reviewed and noted by the Audit Committee with no comments
  • Regulatory Reference: SEBI Listing Regulations, Regulation 32

Additional Information

  • Submitted by: Vimal Prakash, Company Secretary & Compliance Officer
  • Submission Date: October 30, 2026
  • The document was digitally signed by Vimal Prakash on October 30, 2026 at 18:34:43 IST