Construction firm GMR Infrastructure today said it has approved sub-division
of its existing equity shares of Rs 2 each into 2 equity shares of Re 1
each.

The shareholders passed a resolution regarding the stock-split at the 13th
annual general meeting (AGM) today, GMR Infrastructure said in a filing to
the Bombay Stock Exchange (BSE).

The shareholders also approved re-appointment of Uday M Chitale, Udaya
Holla, Srinivas Bommidala and Kiran Kumar Gandhi as independent directors,
it said.

The shareholders ratified appointment of Price Waterhouse and S R Batliboi &
Associates as joint statutory auditors of the company, it said.

The firm is engaged in generation of power, development of expressways,
airport infrastructure facilities and special economic zones through its
subsidiaries, associates and joint ventures.

It operates in business segments of power, roads, airport infrastructure and
others. The airport business of the company comprises Hyderabad airport,
Delhi airport and Istanbul airport.

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