GMR Energy has withdrawn the draft red herring prospectus (DRHP) filed with the Securities and Exchange Board of India (SEBI) due to various business reasons on April 28, 2014. The company had filed a DRHP with SEBI on March 28, 2014.
GMR Energy Trading is a part of the prestigious GMR Group of companies. The GMR Group has a significant presence in the power sector through its power companies, under the flagship of GMR Energy. GMR Group has a current installed capacity of 823 MW of power projects with nearly 8000 MW under various stages of implementation and development.
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Tuesday 29 April 2014
GMR Energy withdraws DRHP filed with SEBI on various business reasons
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