GAR Infrastructure Overview
Urban Infrastructure - Potential to Unlock Value
GAR
Kakinada Special Investment Region
State Capital Region
Vijayawada
Ow
mad
Divestment¹ of Group's entire stake in KSEZ²
■
Vizag
■
Kakinada
SIR
Kakinada
Krishnagiri Special Investment Region
Signed Definitive Agreements for divestment by GSPHL³ of its entire 51% stake
in KSEZ² to Aurobindo Realty and Infrastructure Pvt. Ltd
100% equity stake of KGPL4 held by KSEZ² would also be transferred to
Aurobindo Realty.
Consideration for the equity stake and sub-debt in KSEZ2 - INR 26.1 bn
☐
INR 16 bn to be received on the closing date
☐
INR 10.1 bn to be received in next 2 - 3 years which is contingent upon certain
agreed milestones
Approval received from Board of Approval on SEZ in the Ministry of Commerce and
Industry for the sale of equity held by GIL in Kakinada SEZ Ltd
State
UNIE
SHOOLAWA
HAYANOTS
✓ 2,500 acres of land
275 acres being used for infra development, approvals in place
Joint Venture with TIDCO5
Industrial cluster catering to aerospace, automobile, logistics, engineering and
electronics sectors
Note: 1) subject to receipt of regulatory and other statutory approvals 2) Kakinada SEZ Limited, 3) GMR SEZ and Port Holding Limited - wholly owned subsidiary of GMR Infrastructure Ltd, 4) Kakinada Gateway Port
Limited, 5) Tamil Nadu Industrial Development Corporation - TIDCO is a governmental agency in the state of Tamil Nadu, India
Humility | Entrepreneurship I Teamwork and Relationships I Deliver the Promise I Learning and Inner Excellence I Social Responsibility I Respect for Individual
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