GMR Infra to seek shareholders' nod to raise Rs 5,000 cr

GMR Infrastructure today said it will seek shareholders nod for raising up to Rs 5,000 crore through private placement of shares in domestic and international markets.The company will hold an extra-ordinary general meeting on June 9, 2009 to seek shareholders consent on resolution for raising up to Rs 5,000 crore through private placement of shares, GMR Infra said in filing to the Bombay Stock Exchange. The board of the company had approved the raising of an amount not exceeding Rs 5,000 crore either through preferential issue or qualified institutional placement or private placement of securities, it said. The board had also approved the preferential allotment of equity shares to IDFC Infrastructure Fund - India Development Fund, the filing added.