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GMR Airports Ltd

NSE: GMRAIRPORT BSE: 532754

96.87

(2.51%)

Sat, 23 May 2026, 09:24 pm

Company History

1996

  • Incorporated on May 10 as Varalakshmi Vasavi Power Projects Limited in Hyderabad, Andhra Pradesh.
  • Received certificate of commencement of business on May 23.

1999

  • Name changed to GMR Vasavi Infrastructure Finance Limited on May 31.

2000

  • Name changed to GMR Infrastructure Limited on July 24.

2004

  • Registered office shifted from Andhra Pradesh to Karnataka on October 4.

2006

  • GMR Hyderabad International Airport awards in-flight catering contracts.

2007

  • GHIAL awards F&B outlet contract to HMS Host.
  • G M Rao relinquishes Managing Director role; appointed whole-time Executive Chairman on October 18.
  • Company splits face value from Rs 10 to Rs 2.

2008

  • GMR Group signs MOU for 300 MW Upper Karnali Hydro Electric Project in Nepal.
  • GMR Infra buys 50% stake in US power company Intergen.
  • DIAL ties up with Indraprastha Apollo Hospital for medical facilities at Delhi Airport.

2009

  • GMR consortium bags Hyderabad-Vijayawada highway project; receives LoA on May 27.
  • GMR subsidiary acquires Indonesian coal firm for Rs 400 cr.
  • GMR Holdings Pvt. Ltd purchases 1,150,000 equity shares.
  • GMR Group acquires 100% ownership of Island Power Project, Singapore.
  • Company splits face value from Rs 2 to Re 1.

2010

  • GMR Infrastructure consortium bags NHAI road project in Karnataka.
  • GMR Infrastructure wins expansion and management contract for Male International Airport, Maldives.

2011

  • GMR adds 384 MW to Andhra Pradesh grid.
  • GMR Energy (Singapore) Pte Ltd achieves financial close.
  • GMR Group and Schulich School of Business enter understanding for Hyderabad campus.
  • GMR Infrastructure awarded first mega highway project.

2012

  • GHIAL inaugurates maintenance, repair and overhaul facility.
  • G M Rao appointed Executive Chairman for 5 years from October 18.
  • Revision in aeronautical charges at Indira Gandhi International Airport.
  • First unit of GMR Warora Plant synchronized.
  • GMR Kishangarh Udaipur Ahmedabad Expressways Ltd achieves financial closure.

2013

  • GMR Group sells GMR Energy (Singapore) Pvt Ltd.
  • GMR Group wins Most Admired Infrastructure Company award at 5th KPMG Infrastructure.
  • GMR signs JDA with IFC for Upper Marsyangdi-2 hydropower project in Nepal.
  • Macquarie SBI Infrastructure Fund acquires majority stake in GMR Jadtcherla Expressways Ltd.
  • GMR introduces changes in energy arm to create verticals.

2014

  • GMR Infrastructure wins first railway project.
  • GMR Group signs PDA with Nepal government for 900 MW Upper Karnali Hydro Power Project.
  • GMR Infrastructure signs MoU with Japan Bank for International Cooperation.
  • GMR Megawide consortium awarded Mactan-Cebu Airport project.
  • GMR Group awarded Asia’s Coaching Leadership Excellence Award.
  • GMR Varalakshmi Foundation wins Best CSR Practices Award-2014.

2015

  • GMR led consortium wins Rs 5,080 cr rail freight corridor project from DFCC.
  • GMR Infra arm inks MoU with Chinese consortium.
  • GMR Kakinada SEZ signs MoU with Guizhou International Investment Corporation, China.
  • GMR subsidiary signs MoU with Oman Airport Management Company for training and consultancy.
  • GMR Kakinada SEZ signs MoU with JGC Corporation, Japan.
  • GMR Infra issues rights to shareholders in 3:14 ratio.

2016

  • GMR commissions 5MW solar power plant at Hyderabad International Airport.
  • GMR gets CERC nod to revise power tariff for Kamalanga plant.
  • GMR led consortium bags Rs 2,280.7 cr railway project.
  • GMR Airports wins North Goa’s greenfield Mopa Airport.
  • GMR wins arbitration against Maldives government; receives US$270 million compensation.

2017

  • DIAL signs land license agreement with Airbus India for full flight simulator.
  • GMR Infrastructure Ltd to develop new international airport in Greece.
  • GMR Airports wins greenfield Heraklion Airport in Crete, Greece.
  • GMR Goa International Airport concludes fundraising for Mopa Phase-1.
  • GMR Institute of Technology awarded India's second most clean campus by AICTE.
  • GMR led DIAL set for Delhi Airport expansion.

2018

  • GMR Infra JV opens new Terminal T2 at Mactan Cebu International Airport.
  • GMR Infra arm signs pact with APGDC for piped natural gas supply.

2019

  • GMR and Terna sign concession agreement for new airport in Greece.
  • GMR inks share purchase agreement with Tata Group and other investors for airports.
  • GMR Hyderabad International Airport introduces India’s first FASTag car park.
  • GMR Megawide Cebu Airport bags world architecture award.

2020

  • GMR Airports Limited receives Letter of Award for Bhogapuram Airport.
  • GMR Visakhapatnam International Airport Limited signs concession agreement for Bhogapuram Airport.
  • Completion of strategic partnership with Groupe ADP for airports business.

2021

  • GMR Group signs MoU with Airbus for aircraft maintenance and airport services.
  • District Collector inaugurates oxygen plant at GMR Varalakshmi Care Hospital at Rajam.

2022

  • Company name changed to GMR Airports Infrastructure Ltd. from GMR Infrastructure Ltd.

2023

  • GMR Airports Infrastructure Limited announces merger of GMR Airports Limited.

2024

  • Company name changed from GMR Airports Infrastructure Ltd. to GMR Airports Ltd.

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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800