GMR INFRASTRUCTURE LIMITED

The Company was originally incorporated on May 10, 1996 as a public limited company called Varalakshmi Vasavi Power Projects Limited in the State of Andhra Pradesh. On May 23, 1996 we received our certificate of commencement of business. On May 31, 1999 we changed our name to GMR Vasavi Infrastructure Finance Limited. On July 24, 2000 we changed our name to GMR Infrastructure Limited (GIL). On October 4, 2004 we shifted our registered office from the State of Andhra Pradesh to the State of Karnataka.

The Company is an infrastructure holding company formed to fund the capital requirements of the GMR Group’s initiatives in the infrastructure sector. GIL is engaged in development of various infrastructure projects in power and transportation sectors through several special purpose vehicles.

Our assets consist of four power plants, of which two are in commercial operation, one is being constructed and is almost complete, and one we have recently started to develop; six road projects, of which two are in commercial operation and four are under development; and two airport projects, one of which is a greenfield airport under development and the other one is an existing airport undergoing modernization and re-development. We play an active role in all stages of development of our projects, including the supervision of construction services, financing and operation.

The Company currently has 23 Subsidiaries being: