GVK Power & Infrastructure Limited
GVK Power & Infrastructure Limited is primarily engaged in the business of providing operation and maintenance services, manpower & consultancy services, and incidental services to owners of power plants, airports, and infrastructure companies.
What GVK files
- Others51
- Board Meeting8
- Important5
- Results2
- Updates2
GVK Power & Infrastructure Ltd has announced a board meeting. Its subsidiary, GVK Energy Ltd, has entered Corporate Insolvency Resolution Process initiated by IDBI Bank, indicating financial stress. This could affect GVK’s credit profile and operational stability. Investors should watch for restructuring updates and potential impacts on group cash flows.
GVK Power & Infrastructure’s wholly owned subsidiary, GVK Energy, is undergoing insolvency proceedings initiated by IDBI Bank, with the National Company Law Tribunal admitting the petition. This signals financial stress in the subsidiary, which could affect the parent company’s asset quality and operational stability. Final outcomes are pending.
GVK Power and Infrastructure Limited has reported consolidated financial results for the quarter and nine months ended December 31, 2024. The total revenue from operations reached ₹ 1,040.14 crore, showing a year-over-year growth of approximately 34.4%. This rise can be attributed to increased demand and operational improvements across multiple segments,...
Alaknanda Hydro Power Company Limited, a stepdown subsidiary of GVK Power & Infrastructure Limited, has signed a binding term sheet with Kotak Alternate Asset Managers Limited for refinancing its existing consortium term loans. This refinancing is contingent upon the completion of specified conditions. This development could improve Alaknanda’s financial stability...
GVK Power & Infrastructure Limited has announced a board meeting to discuss the financial results for the quarter and half-year ended September 30, 2024. Consolidated revenue from operations for the half-year registered a significant increase, reaching ₹61,482 crore, compared to ₹87,680 crore in the previous half-year, reflecting a growth driven...