GAR Infrastructure Overview slide image

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 25 25
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