GMR to buy Fraport's 10% stake in Delhi Airport; become 74% stakeholder of DIAL

GMR Airports Infra Ltd plans to purchase a 10% stake in Delhi International Airport Ltd from Fraport Airport for $126 million, raising its ownership to 74%. The Airports Authority of India will continue holding the remaining 26%. The transaction, subject to necessary approvals, is anticipated to be completed within 180 days.