GMR Airports raises Rs.800-Cr from Varde Partners, Aditya Birla fund, StanChart

Varde Partners, Standard Chartered Bank and Aditya Birla Special Situation Fund have jointly provided INR 800 crore in debt to GMR Airports. This funding, with a term of two years and eleven months, marks part of the ongoing capital raising efforts by GMR Airports and its subsidiaries. The proceeds will be used for refinancing existing debt and investments across various airport-related ventures.