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GMR Infrastructure Ltd. Company History and Annual Growth Details

The Company was originally incorporated on May 10, 1996 as a
public limited company called Varalakshmi Vasavi Power Projects
Limited in Hyderabad, Andhra Pradesh. On May 23, 1996 we
received a certificate of commencement of business. On May 31, 1999,
the name was changed to GMR Vasavi Infrastructure Finance Limited.
Thereafter, on July 24, 2000, the name of the Company was changed to
GMR Infrastructure Limited. On October 4, 2004 the registered office of the
Company was shifted from the State of Andhra Pradesh to the State of
Karnataka.

The Company is an infrastructure holding company formed to fund the
capital requirements of the GMR Groups initiatives in the infrastructure sector.
GIL is engaged in development of various infrastructure projects in Power,
Road and Airport Business through several special purpose vehicles.

2006

-GMR Infrastructure - GMR Hyderabad International Airport awards In-flight Catering Contracts

2007

-GMR Infrastructure Ltd has informed that GMR Hyderabad International Airport Ltd (GHIAL), a subsidiary of the Company, has awarded the contract of setting up, operating and maintaining F & B Outlet to HMS Host, a world leader in travel dining and shopping.

-GMR Infrastructure Ltd has informed that at the meeting of the Board of Directors of the Company held on October 18, 2007, Mr. G M Rao, Chairman and Managing Director, has relinquished the office of Managing Director & he is appointed as whole time Executive Chairman of the Company with immediate effect.

- The Company has splits its face value from Rs10/- to Rs2/-.

2008

-GMR Infrastructure - GMR Group signs MOU for 300 MW Upper Karnali Hydro Electric Project, in Nepal

-GMR Infra buys 50-pc stake in US power co Intergen

-GMR Infrastructure - DIAL ties up with Indraprastha Apollo Hospital for medical facilities at Delhi Airport


2009

- The consortium led by GMR Infrastructure United has bagged the prestigious Hyderabad - Vijayawada highway project on a Build, Operate and Trasrer (Toll) basis through international competitive bidding route. The Group has received Letter of Award from National Highways Authority of India (NHAI) on May 27, 2009. This is seventh highway project of GMR Group after successfully completing six projects as per schedule.

-GMR wins 181 kms long Hyderabad - Vijaywada stretch and it's 7th Highway Project

-GMR's subsidiary acquires Indonesian coal firm for Rs 400 cr

-GMR Infrastructure - Purchase of 11,50,000 Equity Shares of Rs 2/- each of the Company by GMR Holdings Pvt. Ltd

-GMR Group acquires 100% ownership of Island Power Project, Singapore

2010

- GMR Infrastructure Ltd's consortium has bagged a road construction project from the National Highways Authority of India (NHAI) in the southern state of Karnataka.

- GMR Infrastructure won the expansion and management contract from the Male international airport, the Maldives. The company offered almost 1 billion rufiyaa (USD 78 million) upfront to win the contract. According to sources in the company, the Maldivian government will award the contract tonight.
 
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