Stories

GMR Airports Launches New Subsidiary to Tap Real Estate and Land Development Potential

News18•14-10-2026, 21:45

•GMR Airports Ltd has established a new subsidiary named GMR Aero Realty Ltd to focus on real estate and land development ventures.
•The newly formed entity was incorporated on October 13 with an initial subscribed and paid-up share capital of Rs 1 crore.
•GARL is currently preparing to explore various real estate and related opportunities as they arise, though business operations have not yet commenced.
•The subscription to GARL's Memorandum of Association is classified as a non-related-party transaction.

GMR Airports Ltd set up a new subsidiary named GMR Aero Realty Ltd (GARL) to explore land development, real estate, and related opportunities.

GMR Aero Realty Ltd was incorporated on October 13 with an initial subscribed and paid-up share capital of Rs 1 crore.

No, the newly incorporated subsidiary is yet to commence business operations.