Wholly owned subsidiary GMR Aero Realty incorporated with INR 1 Crore paid-up capital
GMR Airports has incorporated GMR Aero Realty Ltd as a wholly owned subsidiary.
By ScoutQuest · · 1 min read
- Paid-up Capital
- INR 1 Crore
- Equity Shares
- 10,00,000 equity shares of Rs. 10/- each
- Incorporation Date
- October 13, 2026
What happened
GMR Airports Limited has incorporated GMR Aero Realty Limited (GARL) as its wholly owned subsidiary in India, and has subscribed to the Memorandum of Association of GARL. GARL was incorporated on October 13, 2026.
An incorporated subsidiary means the new company is fully owned by GMR Airports, so any business it does sits within the parent's group.
The numbers to note
- Initial subscribed and paid-up share capital of GARL: INR 1 Crore
- That capital is divided into 10,00,000 (Ten Lakh) equity shares of Rs. 10/- each
- GMR Airports will remit the subscription amount within the applicable statutory timelines
What GARL will do
GARL is to carry out any real estate, land development and other related opportunities that may come up from time to time. The intimation states that GARL is yet to commence business operations, so this is an early-stage step.
Other points stated in the intimation
- The subscription to the Memorandum of Association of GARL is not a related party transaction
- Promoter, promoter group and group companies of the Company do not hold any interest in the said transaction other than any direct or indirect shareholding
- No governmental or regulatory approvals were required for the subscription
How to read this
The intimation is about the creation of a new wholly owned arm and the capital committed to it. Because the subsidiary is yet to commence business operations, the immediate operational impact is limited to the setting up of the entity, while the stated business lines point to real estate and land development within the group.
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More numbers
- Initial subscribed and paid-up share capital of GARLINR 1 Crore
- Equity shares issued for the initial capital10,00,000 (Ten Lakh) equity shares
- Face value per equity shareRs. 10/-
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