The company proposes to utilise the proceeds for the repayment of the balance outstanding obligations of GVK Airport Developers. : GVK Power and Infrastructure on Friday said that it has got shareholders' approval to raise up to Rs 80 billion. The resolution to raise the funds, by a combination of various options listed on the agenda of the annual general meeting (AGM) held on Wednesday, has been passed by the requisite majority, the firm stated in a BSE filing Friday.