GMR Hyderabad International Airport Limited (Ghial), a subsidiary GMR Airports Limited, gained a 70% share in the ESR GMR Logistics Park Private Limited (EGLPPL), assuming full ownership of the company.
The remaining 30% stake in EGLPPL has already held GMR Hyderabad aerotropolis Limited. (Ghal), a completely owned subsidiary Ghial. With this acquisition, Ghial, directly and through Ghal, now 100% own capital in Eglppl and converts it into a completely owned subsidiary society.
Eglppl was originally founded on January 8, 2020 to develop storage and logistics parks in Hyderabad. Since then, the company has developed approximately 1.7 million square feet of industrial and logistics infrastructure, the edition said.
Ghial said that this acquisition is a long -term airport development strategy (ALD), which aims to expand the role of airport outside aviation and manage wider economic activities by creating aerotropolis.
“Hyderabad airport was considered not only as an air gate, but as a catalyst for prosperous aeropolis, a future ecosystem aimed at increasing connectivity, strengthen economic activity and manage holistic regional development. Preaces, and how it was built, CEO, CEO, prices, prices, prices, prices, strengthens us that are being built, and said it was being built, and to build to build, overcome.
Published – 10 July 2025 20:20
