Last 9.70 INR
Change Today -0.10 / -1.02%
Volume 3.5M
As of 6:12 AM 01/28/15 All times are local (Market data is delayed by at least 15 minutes).

gvk power & infrastructure (GVKP) Snapshot

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52 Week High
05/26/14 - 20.90
52 Week Low
12/17/14 - 8.45
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gvk power & infrastructure (GVKP) Details

GVK Power and Infrastructure Limited, together with its subsidiaries, provides operating and maintenance, manpower and consultancy, and incidental services to the owners of power plants, airports, and infrastructure companies in India and internationally. The company is involved in the development, operation, and maintenance of power projects from gas and naphtha, hydro, and thermal energy sources in the states of Andhra Pradesh, Punjab, Uttarakhand, and Jammu and Kashmir. It also builds and develops highway projects; mines for coal; promotes, constructs, develops, and operates international and domestic airport projects; develops, operates, and maintains infrastructure facilities; and explores for oil and natural gas. In addition, the company is engaged in the business of infrastructure projects, and investment in power projects. Further, it operates hotels and resorts in Hyderabad, Chandigarh, and Chennai. Additionally, the company provides analytical, biology, chemistry, clinical research, clinical pharmacology, and informatics research services, as well as process research and contract manufacturing services. GVK Power and Infrastructure Limited was incorporated in 2005 and is headquartered in Secunderabad, India.

Founded in 2005

gvk power & infrastructure (GVKP) Top Compensated Officers

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gvk power & infrastructure (GVKP) Key Developments

GVK Power Mulls Stake Sale

GVK Power and Infrastructure Limited (BSE:532708) is considering putting 49% stake at the holding company level on the block. A Issac George, Director and Chief Financial Officer of GVK Power and Infrastructure Limited said, "It's (debt pile) a matter of concern. Power projects are stranded due to lack of fuel supply ... they are not yielding revenue. We have to find a way out and we are exploring all options, including QIP or an IPO or even selling our assets. We have decided to sell all our road assets...but we will not hesitate to sell other assets if there's a buyer. Or for that matter, we will not shy away from selling up to 49% stake at the holding company level."

GVK Power & Infrastructure Ltd Announces Resignation of G. Indira Krishna Reddy as Promoter Director

GVK Power & Infrastructure Ltd. has informed that the company has received a letter of resignation dated December 02, 2014 from Mrs. G. Indira Krishna Reddy, a Promoter Director of the company. The said resignation is due to her prior commitments and health reasons and is effective from December 11, 2014. This letter will be placed before the next meeting of the Board.

GVK Power & Infrastructure Ltd Appoints K. Balarama Reddi as Additional Director

GVK Power & Infrastructure Ltd. announced that the Board of Directors of the company at its meeting held on November 14, 2014, has appointed Mr. K. Balarama Reddi as an additional director (Independent) of the company.


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