Fidelity Acquires 12.93% Stake in GMR Airports for Approximately ₹1,906 Crore

Fidelity Investment Trust Acquires Rs 1,906 Crore Worth Shares in GMR Airports

Fidelity Investment Trust has made a significant investment in GMR Airports through the acquisition of Rs 1,906 crore worth shares via open market transactions on June 3. The acquisition was made possible through a block deal, in which GMR Airports sold 19.5 crore equity shares (1.84 percent stake) to Fidelity International Small Cap Fund.

The transaction price for the deal was Rs 97.75 per share, with Fidelity Investment Trust emerging as the buyer for 1.84 percent shares sold by GQG Partners. GQG Partners Emerging Markets Equity Fund, which held 18.5 crore shares (1.75 percent stake) in GMR Airports as of March 2026, sold the shares to Fidelity Investment Trust.

GMR Airports shares closed at Rs 98.78 after volatility, rising 0.66 percent on the National Stock Exchange. The acquisition by Fidelity Investment Trust is seen as a strategic move to expand its presence in the aviation sector.

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In related news, Inventurus Knowledge Solutions, a technology-enabled healthcare solutions provider, saw its shares rally 2.14 percent to Rs 1,706 on the National Stock Exchange. Kedaara Capital Public Markets IFSC Fund I has acquired 1.55 lakh shares in Inventurus Knowledge Solutions from Scott Hayworth for Rs 25.31 crore, with the transaction price being Rs 1,633 per share.

Meanwhile, Minerva Ventures Fund has bought 6.25 lakh shares in Balu Forge Industries for Rs 30.37 crore at Rs 486.04 per share. The acquisition is seen as a strategic move to expand its presence in the engineering sector.