GMR Infrastructure - Purchase of 42,27,500 Equity Shares of the Company by GMR Holdings Pvt Ltd.

GMR Infrastructure - Purchase of 42,27,500 Equity Shares of Rs 2/- each of the Company by GMR Holdings Pvt Ltd.
GMR Infrastructure Ltd has informed BSE that GMR Holdings Pvt Ltd ('GHPL'), promoter and holding Company of GMR Infrastructure Ltd ('the Company') has purchased 10,00,000; 13,00,000; 8,77,500 & 10,50,000 equity shares of Rs 2/- each (Total: 42,27,500) through open market purchase in normal segment on the Stock Exchanges on December 15, 2008, December 16, 2008, December 17, 2008 & December 18, 2008 respectively. Consequent to the aforesaid acquisition of 42,27,500 equity shares, GHPL now holds 1,34,64,66,210 (73.955%)equity shares of Rs 2/- each of the Company. (BSE India)

Increament in Promoters stake may lead in rise in stock price.