GeeCee Ventures Increases Stake in GMR Power and Urban Infra Through Open Market Purchase
Geecee Ventures Limited has made a significant investment by acquiring additional equity shares in GMR Power and Urban Infra Limited (GPUIL) through an open market purchase, boosting its total shareholding in GPUIL. The investment was completed on June 29, 2026.The Company utilized cash consideration to invest Rs. 0.77 crores (i.e. 76.72 lakhs) by purchasing 77,500 equity shares of GMR Power and Urban Infra Limited. This transaction increased Geecee Ventures’ total shareholding in GPUIL to 3,78,000 equity shares, representing a 0.05% stake in the company's paid-up share capital.
The investment is part of The Company’s ongoing investment activities and constitutes a minuscule part of its overall portfolio. Previously, Geecee Ventures held 3,00,500 Equity Shares in GPUIL.
GMR Power and Urban Infra Limited Profile
GMR Power and Urban Infra Limited (GPUIL), which is listed on BSE and NSE, operates within the Power Generation industry. GPUIL is described as a leading global infrastructure conglomerate with interests across Energy, Road, SmartMeter Infrastructure, and Urban Infrastructure business sectors in India.According to available data, GPUIL has commissioned around 2,840 MWs of Coal, Gas, and renewable power plants in India, while another 1,775 MWs are currently under development. The energy portfolio maintains a diversified sale strategy utilizing both merchant sales and long-term Power Purchase Agreements (PPAs).
The financial overview of GMR Power and Urban Infra Limited is as follows:
| Financial Metric | FY 2024-25 | FY 2025-26 |
|---|---|---|
| Turnover | Rs. 480.89 Crores | Rs. 367.28 Crores |
| Profit/(Loss) After Tax | Rs. 746.60 Crores | Rs. (149.57) Crores |
Acquisition Details
The acquisition was executed through a cash consideration, with the shares being acquired at a price of Rs. 99 per share. The Cost of Acquisition for the new shares amounted to Rs. 0.77 crores (i.e. 76.72 lakhs).GPUIL is headquartered in India and maintains operations globally through its subsidiaries or associates in Nepal, Indonesia, and Dubai. Its background includes a Date of Incorporation of May 17, 2019.
GEECEE Stock Price Movement
Shares of GeeCee Ventures Limited settled today, having tumbled by 3.20% to close at ₹332.25. The stock saw a total traded volume of 2,292 shares in the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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