General Announcement::Formation of Joint Venture

Issuer & Securities

Issuer/ Manager
GMR HYDERABAD INTERNATIONAL AIRPORT LIMITED
Securities
GMRHYDERABUS$350M4.25%N271027A - US36256WAA27 - 83DB
GMRHYDERABUS$350M4.25%N271027R - USY3004WAA00 - 83EB
GMRHYDERABUS$300M5.375%240410R - USY3004WAB82 - ERCB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
09-Jan-2020 23:14:16
Status
New
Announcement Sub Title
Formation of Joint Venture
Announcement Reference
SG200109OTHRQA2O
Submitted By (Co./ Ind. Name)
Anup Kumar Samal
Designation
Company Secretary
Effective Date and Time of the event
09/01/2020 17:00:00
Description (Please provide a detailed description of the event in the box below)
GMR Hyderabad Aerotropolis Limited, a subsidiary of GMR Hyderabad International Airport Limited, has formed a joint venture with Singapore based ESR Hyderabad 1 Pte Limited to develop warehouse and logistics park spanning over 66 acres of land at airport city in Hyderabad, India.

ESR Hyderabad 1 Pte Limited and GMR Hyderabad Aerotropolis Limited, for the aforesaid transaction have entered into definitive agreements with an equity interest of 70% and 30% respectively in the Special Purpose Vehicle viz., GMR Logistics Park Private Limited.

Attachments

Intimation to SGX by GHIAL 09-01-2020 on ESR JV.pdf
Total size =36K