GQG Partners sells 1.8% stake in GMR Airports to Fidelity International for ₹1,906 crore

Exam-focused facts from the 6 June 2026 current affairs briefing.

Key facts

GQG Partners sold a 1.85 per cent stake in GMR Airports Ltd (GAL) to Fidelity International for ₹1,906.12 crore.
The transaction involved the offloading of 19.50 crore shares at an average price of ₹97.75 per share through the National Stock Exchange (NSE).
The shares were acquired by Fidelity International through its affiliate, Fidelity Investment Trust Fidelity International Small Cap Fund.
GAL reported a profit of ₹400.49 crore for the three months ended March, compared to a loss of ₹252.66 crore in the same period the previous year.
In the fourth quarter of the 2025-26 financial year, GAL's total income increased to ₹4,042.90 crore from ₹2,976.76 crore in the corresponding period a year ago.