Acquiring Company
GMR Group
Acquired Company
DIAL
New DelhiNew DelhiEnergyArtificial IntelligenceTransportationTravelTransportationTravelAir TransportationDescription
GMR Airports has successfully increased its stake in Delhi International Airport Limited (DIAL) to 74%. This follows the completion of share transfer and conditions with the German company Fraport. The acquisition process has received all necessary approvals and fulfilled required conditions precedent.
Quick answer
GMR Group is acquiring DIAL, announced March 7, 2025. GMR Group is based in New Delhi, Delhi, India.
- How much did GMR Group pay for DIAL?
- The deal value was not disclosed.
- What does GMR Group do?
- GMR Group is a leading global infrastructure conglomerate with interests in the airport, energy, transportation, and urban infrastructure sectors.
- Where are GMR Group and DIAL based?
- GMR Group is based in New Delhi, Delhi, India. DIAL is based in New Delhi, Delhi, India.
- Who are the decision-makers at GMR Group?
- Fundz holds 5 contacts at GMR Group. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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- TBR acquires EuroChauffeurs to enhance services (April 8, 2025)
- Opul Jets acquires Wallcourt Aviation for expansion (March 10, 2025)
- GMR Airports acquires stake in Bird Delhi Aviation (March 6, 2025)
Who to call at GMR Group, and when
When GMR Group changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day GMR Group raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at GMR Group, from your own LinkedIn network
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Frequently asked
Who acquired DIAL?
DIAL was acquired by GMR Group, based in New Delhi. The deal was reported on March 8, 2025. GMR Group is a leading global infrastructure conglomerate with interests in the airport, energy, transportation, and urban infrastructure sectors. GMR Group is privately held and operates in Energy.
When did GMR Group acquire DIAL?
GMR Group's acquisition of DIAL was reported on March 8, 2025. GMR Airports has successfully increased its stake in Delhi International Airport Limited (DIAL) to 74%. This follows the completion of share transfer and conditions with the German company Fraport. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does DIAL do?
Delhi International Airport Limited (DIAL) operates the Indira Gandhi International Airport. It is a joint venture among various stakeholders, focused on airport development and management. It is privately held, operating in Transportation, and is based in New Delhi.
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