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GMR Airports Infrastructure share price jumps 4% to touch 52-week high on exemption from Monthly Annual Fee
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GMR Airports Infrastructure share price jumped over 4% to touch a 52-week high on Monday's session in response to few news developments. According to an exchange filing, the company stated that Delhi International Airports Limited (DAIL), a step-down subsidiary, has been exempted from paying the Monthly Annual Fee (or MAF) for the period of March 19, 2020, to February 28, 2022, after the arbitral tribunal passed its decision on January 6.
Additionally, the news of the block deal reportedly added to the positive sentiment in the shares. GMR Airports infra share price opened at an intraday low of ₹80.15 apiece on BSE.
GMR Airports share price touched an intraday high of ₹87.55 per share. "Exciting news! Mint is now on WhatsApp Channels
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