NSE: GMRAIRPORT · 7 October 2026
- GMR Airports Limited (GMRAIRPORT) shares declined 2.01% on Tuesday, closing at 91.19 after moving between an intraday high of 93.37 and a low of 91.13.
- GMR Airports Limited announced that GMR Infra Services Private Limited submitted a notice to convert 25,50,000 Optionally Convertible Redeemable Preference Shares of Rs. 40 each into equity shares. Accordingly, the company allotted 10,20,00,000 equity shares of Re. 1 each, representing 0.96% of the post-allotment capital, ranking pari-passu with existing equity shares.
- Trading volume was 1.47 times the 20-day average daily volume.
Why is Gmr Airports share price falling on 7 October 2026?
GMR Airports Limited (GMRAIRPORT) shares declined 2.01% on Tuesday, closing at 91.19 after moving between an intraday high of 93.37 and a low of 91.13.
The broader market also experienced downward pressure, with the Nifty falling 0.76%. GMR Airports has faced a broader pullback over the short and medium term, logging a 5-day return of -4.16% and a 20-day return of -7.56%, placing today's move in the context of recent sector-wide and stock-specific weakness.
Recent corporate updates include the conversion of 25,50,000 Optionally Convertible Redeemable Preference Shares into 10.20 crore equity shares, as well as a voluntary redemption of non-convertible bonds. Additionally, subsidiary GMR Hospitality Limited recently secured a license agreement for Food & Beverages outlets at Terminal 3 of the Indira Gandhi International Airport. While these developments reflect ongoing capital restructuring and operational expansion, no single new catalyst was officially linked to today's price decline.
1.69 crore shares traded by 7 October 2026 · 03:10 PM IST. This compares with a 20-day average daily volume of 1.15 crore shares (1.47 times). The five-day average daily volume was 1.27 crore shares. Separately, the NSE report for 6 October 2026 showed 85.70 lakh shares delivered, representing 64.50% of that day’s traded volume. The same report recorded 40,570 trades.
The stock declined 2.01% alongside a weaker broader market (-0.76% for Nifty) and extended recent losses reflected in its negative 5-day and 20-day returns. No direct single announcement was made today to trigger the move.
Latest Company Developments
GMR Airports Limited announced that GMR Infra Services Private Limited submitted a notice to convert 25,50,000 Optionally Convertible Redeemable Preference Shares of Rs. 40 each into equity shares. Accordingly, the company allotted 10,20,00,000 equity shares of Re. 1 each, representing 0.96% of the post-allotment capital, ranking pari-passu with existing equity shares.
This conversion alters the equity capital structure by increasing the total number of outstanding shares.
The company completed the voluntary prepayment of principal amounts along with accrued interest and redemption premium for its non-convertible bonds carrying ISINs INE776C08059 and INE776C08067. The full redemption covered issue sizes of Rs. 1,100 crore and Rs. 400 crore respectively, reducing the outstanding amount to nil.
Full prepayment of these debt instruments eliminates associated interest obligations and changes the company's debt profile.
GMR Hospitality Limited emerged as the selected bidder for designing, financing, developing, and operating Food & Beverages outlets at Terminal 3 of Indira Gandhi International Airport, New Delhi. The license agreement is for an initial period extending up to May 2036, with estimated aggregate license fees of ~Rs. 49 crore for FY 2026-27 and ~Rs. 109 crore for FY 2027-28.
This award expands non-aeronautical retail operations at a major hub, contributing to long-term non-aero revenue visibility.
Receipt of Award by GMR Hospitality Limited, Indian subsidiary of the Company.
GMR AIRPORTS LIMITED has submitted the Exchange about Voting Results under Regulation 44(3) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Ownership & Transaction Activity
Mutual Fund Holdings
Mutual funds held 2.51% on 30 June 2026. This compares with 2.32% on 31 March 2026, a change of +0.19 percentage points.
The filing reported 35 MF/UTI holders.
Historical Bulk / Block Deals
What to Watch Next
- Execution progress and revenue generation from the newly awarded Terminal 3 F&B outlets under GMR Hospitality Limited
- Upcoming monthly airport traffic update figures to assess passenger volume growth
- Cash volume and delivery percentage trends relative to the 20-day average volume of 1.47x
- Any further disclosures regarding equity capital changes or debt restructuring
Other Dated Coverage
More Gmr Airports news and dated analysis →
Frequently Asked Questions
What is the latest Gmr Airports company news?
GMR Airports Limited announced that GMR Infra Services Private Limited submitted a notice to convert 25,50,000 Optionally Convertible Redeemable Preference Shares of Rs. 40 each into equity shares. Accordingly, the company allotted 10,20,00,000 equity shares of Re. 1 each, representing 0.96% of the post-allotment capital, ranking pari-passu with existing equity shares.
How strong was Gmr Airports’s trading volume?
1.69 crore shares traded, 1.47 times the 20-day average daily volume. The price and volume data are dated 7 October 2026 · 03:10 PM IST.
Do the mutual-fund figures show buying today?
They show holdings on 30 June 2026. Quarterly holdings do not identify purchases made on the article date.
Research & analysis: WittyTrades Research Desk
Reviewed by: Mohanish Sanghavi — SEBI Registered Research Analyst
Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.