GMR Cargo & Logistics Raises Rs 750 Cr Loan from Axis Bank for Delhi Airport Cargo City Project
GMR Airports has provided a Sponsor Support Undertaking (SSU) and committed to retain 51% ownership in GCLL through a pledge or non-disposal undertaking. The SSU will remain valid through the construction of Phase 1 and one year of operations.
As part of the arrangement, GMR Airports has also agreed that all subordinated loans provided or to be provided to GCLL will remain subordinate to the bank facility.
Published on:
28 November 2025
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