The clarification was issued after market hours on Thursday, 26 June 2014.

Meanwhile, the S&P BSE Sensex was up 88.41 points or 0.35% at 25,151.08.

On BSE, so far 2.90 lakh shares were traded in the counter as against average daily volume of 7.11 lakh shares in the past two weeks.

The stock hit a high of Rs 18.90 and a low of Rs 18.40 so far during the day.

GVK Power & Infrastructure (GVK) in a clarification issued with regard to news item titled "Company in talks wid 4-5 investors to sell stake in airport biz, hancock mining biz in few months", said that the company is exploring various options for reducing some of its debt. An option that is being looked at is, raising equity at the airport holding company, to retire the debt raised for the airport acquisition, GVK said. The company is in discussion with a few investors in this matter, it added. The company is also exploring a possibility to bring in an equity investor(s) into Hancock Infrastructure, which is a holding company, for the rail and port projects in Australia, GVK said.

Since the discussions are at a preliminary stage, it would not be appropriate for the company to divulge any details at this stage, GVK said. No sooner the deal crystallizes, the company will be in a position to inform the regulatory authorities on the same, it added.

GVK Power & Infrastructure reported a consolidated net loss of Rs 235.46 crore in Q4 March 2014, higher than net loss of Rs 171.01 crore in Q4 March 2013. Net sales rose 38.9% to Rs 694.41 crore in Q4 March 2014 over Q4 March 2013.

GVK is a leading Indian conglomerate with presence across energy, resources, airports, transportation, hospitality and life sciences sectors.