Updates on proposed investment by TATA Group, GIC and SSG Capital Management in its Airport business

Further to the intimation to the Exchanges on the reference cited above, vide our communications dated March 27, 2019, July 05, 2019 and October 03, 2019, we wish to inform that the Company has decided to increase the transaction size by agreeing to divest 49% in GMR Airports Limited (vs previously agreed 44.44%) to TRIL Urban Transport Private Limited (part of TATA Group), an affiliate of GIC and SSG Capital Management (collectively "Investors") in one or more tranches, such closings being subject to regulatory approvals.