GMR Airports Ltd (India)

GMR Airports Limited has allotted 1,50,000 non-convertible bonds of INR 1 lakh face value each, totaling INR 1,500 crores, on a private placement basis to refinance existing NCBs, according to a regulatory filing on September 09, 2026. The bonds carry an interest rate of 9.56% and a tenure of up to 36 months, replacing existing NCBs with a rate of 10.75%.

GMR Airports Limited has received approval from its Management Committee to issue 1,50,000 5% coupon, INR 1 lakh face value, Listed, Unsecured, Rated, Redeemable Non-Convertible Bonds, aggregating up to Rs 1,500 crore, on a private placement basis for a tenure of up to 36 months to refinance existing NCBs of the same amount.

GMR Airports Ltd announced that CARE Ratings Limited has assigned ratings of “CARE AA-; Stable” and Crisil Ratings Limited has assigned ratings of “Crisil AA-; Stable” for the proposed issuance of Non-Convertible Bonds up to INR 1,500 crores, intended for refinancing existing Non-Convertible Bonds. Furthermore, Crisil Ratings Limited has upgraded its ratings from “Crisil A+; Stable” to “Crisil AA-; Stable” for Non-Convertible Bonds already issued by the Company amounting up to INR 5,900 crores (originally assessed and now upgraded for NCDs of up to INR 6,000 crore), with copies of the letters from both CARE Ratings Limited and Crisil Ratings Limited available on the company website.

GMR Airports Ltd announced rating enhancements from CARE Ratings Limited, upgrading its ratings from “CARE A+; Positive” to “CARE AA-; Stable” for Non-Convertible Bonds issued by the company amounting to up to Rs. 1500 crores only, and also upgrading its ratings from “CARE A+; Positive” to “CARE AA-; Stable” for Long Term Bank Facilities availed/to be availed; CARE Ratings Limited has reaffirmed its rating of “CARE A1+” for the Short Term bank facilities availed by the company, with copies of the letters issued by CARE Ratings Limited available on the company’s website, and no other rating agencies or instruments were mentioned.

GMR Airports Limited will hold a board meeting on August 12, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026, and to enable a resolution for raising up to Rs 5,000 crore through the issuance of securities, including a Qualified Institutions Placement and/or Foreign Currency Convertible Bonds. The board will also consider the issuance of INR-denominated bonds for an aggregate amount of up to Rs 1,500 crore on a private placement basis.

The key equity benchmarks witnessed minor gains in morning trade despite mixed global cues. Investor sentiment remained supported by selective buying in frontline stocks, helping the domestic indices to trade in positive terrain, with the Nifty traded above the 24,100 level. Investors will continue to monitor developments in the US-Iran conflict, movements in crude oil prices, the ongoing Q1 earnings season, corporate business updates, and the progress of the southwest monsoon for further cues on market direction. IT shares witnessed buying interest after declining in the past two trading sessions. At 10:25 IST, the barometer index, the S&P BSE Sensex advanced 160.71 points or 0.21% to 77,345.60. The Nifty 50 index added 40.85 points or 0.16% to 24,121.40. In the broader market, the BSE 150 MidCap Index rose 0.26% and the BSE 250 SmallCap Index climbed 0.17%. The market breadth was positive. On the BSE, 2,124 shares rose and 1,586 shares fell. A total of 204 shares were unchanged. New Listing: Shares of Laser Power & Infra were currently trading at Rs 263.20 at 10:20 IST on the BSE, representing a premium of 22.99% as compared with the issue price of Rs 214. The stock debuted at Rs 269, marking a premium of 25.7% to the issue price. So far, the stock has hit a high of Rs 269 and a low of Rs 250. On the BSE, over 54.56 lakh shares of the company were traded in the counter so far. Buzzing Index: The Nifty IT index jumped 1.55% to 28,973.45. The index fell 1.67% in past two consecutive trading sessions. HCL Technologies (up 2.65%), LTM (up 2.04%), Tech Mahindra (up 1.94%), Persistent Systems (up 1.79%) and Wipro (up 1.73%), Mphasis (up 1.27%), Infosys (up 1.22%), Coforge (up 1.19%), Oracle Financial Services Software (up 0.99%) and Tata Consultancy Services (up 0.83%) surged. Stocks in Spotlight: GMR Airports declined 1.56% after the company handled around 10 million passengers in June 2026, marking a marginal 0.3% year-on-year (YoY) decline in passenger traffic. Domestic passenger traffic fell 0.4% YoY to 7.4 million, while international passenger traffic remained broadly flat at 2.4 million, up 0.1% YoY. GTPL Hathway slipped 1.01% after the company's consolidated net profit declined 78% to Rs 2.32 crore in Q1 FY27, compared with Rs 10.56 crore posted in Q1 FY26. Revenue from operations rose 12.4% year-on-year to Rs 1,015.41 crore in Q1 FY27.Powered by Capital Market - Live

Domestic passenger traffic fell 0.4% YoY to 7.4 million, while international passenger traffic remained broadly flat at 2.4 million, up 0.1% YoY. Delhi Airport handled around 6.6 million passengers in June 2026, up 6.8% YoY, while Hyderabad Airport handled around 2.3 million passengers, down 12.9% YoY. Aircraft movements declined 2.4% YoY to 59,758 in June 2026. The company said international traffic was impacted by the ongoing geopolitical instability in West Asia since 28 February 2026, according to its monthly business update. For Q1 FY27, GMR Airports handled a record 30.2 million passengers, the highest-ever first-quarter traffic. Domestic passenger traffic reached a record 23.2 million, driven mainly by growth at Delhi Airport, which accounted for around 67% of total traffic, while international passenger traffic stood at 7 million. GMR Airports is mainly engaged in the development, maintenance, and operation of airports; generation of power; coal mining and exploration activities; development of highways; and development, maintenance, and operation of special economic zones. The company reported a consolidated net profit of Rs 302.35 crore in Q4 FY26, compared with a net loss of Rs 237.59 crore in Q4 FY25. Revenue from operations increased 37.54% year-on-year to Rs 3,938.16 crore for the quarter ended 31 March 2026.Powered by Capital Market - Live

GMR Airports has received affirmation in credit ratings from CARE for its bank facilities at CARE AA; Stable / CARE A1+.

GMR Airports announced that CARE Ratings has upgraded its ratings from 'CARE A; Stable' to 'CARE A+; Positive' for the Non-Convertible Bonds issued by the Company amounting to upto Rs. 1500 crore. Further, CARE Ratings has upgraded its ratings from 'CARE A; Stable' to 'CARE A+; Positive' for the long term bank facilities availed/to be availed by the Company and has upgraded its rating from 'CARE A1' to 'CARE A1+' for the short term bank facilities availed by the Company.

Newgen Software Technologies Ltd, Affle 3i Ltd, Star Health & Allied Insurance Company Ltd, Inox Wind Ltd are among the other stocks to see a surge in volumes on BSE today, 10 July 2026.GMR Airports Ltd witnessed volume of 406.98 lakh shares by 10:46 IST on BSE, a 28.12 times surge over two-week average daily volume of 14.47 lakh shares. The stock increased 1.03% to Rs.113.00. Volumes stood at 4.81 lakh shares in the last session.Newgen Software Technologies Ltd clocked volume of 5.98 lakh shares by 10:46 IST on BSE, a 9.55 times surge over two-week average daily volume of 62645 shares. The stock gained 10.05% to Rs.520.00. Volumes stood at 37493 shares in the last session.Affle 3i Ltd saw volume of 84331 shares by 10:46 IST on BSE, a 6.69 fold spurt over two-week average daily volume of 12613 shares. The stock increased 0.38% to Rs.1,472.35. Volumes stood at 13741 shares in the last session.Star Health & Allied Insurance Company Ltd clocked volume of 4.25 lakh shares by 10:46 IST on BSE, a 6.54 times surge over two-week average daily volume of 64941 shares. The stock gained 1.34% to Rs.611.00. Volumes stood at 3.31 lakh shares in the last session.Inox Wind Ltd clocked volume of 34.03 lakh shares by 10:46 IST on BSE, a 6.27 times surge over two-week average daily volume of 5.43 lakh shares. The stock gained 1.52% to Rs.83.28. Volumes stood at 6.13 lakh shares in the last session.Powered by Capital Market - Live