BusinessPhoto: Business StandardGMR Airports Forms Subsidiary for Real Estate Development
GMR Airports Limited has established a wholly owned subsidiary, GMR Aero Realty Limited (GARL), to explore real estate and land development opportunities. Incorporated on October 13 with ₹1 crore capital, GARL has yet to start operations. GMR Airports confirmed the subscription to GARL's memorandum is not a related-party transaction and requires no regulatory approvals.
Business Standard·


