The scheme envisages to merge and consolidate the businesses of:
(a) GMR Airports (Transferor Company 1) into and with GMR Infra Developers (Transferor Company 2); and
(b) Transferor Company 2 (after the completion of the merger envisaged in item (a) above) into and with GMR Airports Infrastructure (Transferee Company, formerly named GMR Infrastructure Limited), in each case on a going concern basis.