GMR Power and Urban Infra 7th AGM Set for September 2026

• ₹3,000 crore enabling resolution for fundraising proposed.
• 7th AGM scheduled for September 21, 2026, via video conferencing.

Reader Takeaway: The ₹3,000 crore fundraise provides growth capital flexibility, while related-party transactions require careful monitoring by minority shareholders.

What just happened

GMR Power and Urban Infra Limited has notified shareholders of its 7th Annual General Meeting scheduled for September 21, 2026, at 11:00 A.M. The meeting will be held virtually via Video Conferencing or Other Audio-Visual Means. The agenda covers standard financial approvals, director re-appointments, and critical special business.

Why this matters

The company is seeking shareholder authorization to raise up to ₹3,000 crore through various instruments, including equity shares, convertible securities, or Foreign Currency Convertible Bonds (FCCBs). As an enabling resolution, this provides the board with the necessary authority to tap capital markets when the timing is optimal, rather than mandating an immediate issuance.

Key Agenda Items

Beyond the fundraise, shareholders will vote on:

• Re-appointment of Independent Directors: Dr. Siva Kameswari Vissa, Mr. Suresh Lilaram Narang, Dr. Satyanarayana Beela, and Dr. Emandi Sankara Rao for a second five-year term.
• Re-appointment of Mr. Bodh Venkata Nageswara Rao and Mr. Grandhi Kiran Kumar as directors retiring by rotation.
• Approval of material related-party transactions involving GMR Energy Limited and GMR Warora Energy Limited.
• Ratification of the cost auditor's remuneration for FY 2026-27.

Participation Details

Eligible shareholders recorded in the register as of September 14, 2026, are entitled to vote. Remote e-voting is available from September 17 to September 20, 2026.