TRIL

Tata Group Company to Buy 49% Stakes in GMR Airports

In a filing to the stock exchanges, GMR Infrastructure said it has decided to "increase the transaction size by agreeing to divest 49% in GMR Airports Limited (vs previously agreed 44.44%) to TRIL Urban Transport Private Limited (part of TATA Group), an affiliate of GIC and SSG Capital Management... in one or more tranches".