G R Infraprojects has categorised two key executives as Senior Management Personnel (SMP), effective October 14, 2026. The move strengthens the company's leadership structure in critical operational and administrative functions.

The Board of Directors approved the change at a meeting held on October 14, 2026, based on the recommendation of the Nomination and Remuneration Committee. The decision was taken pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

New Senior Management Appointments

The two individuals designated as SMP are:

• Archit Agarwal, currently serving as Business Unit Head – Tunnels and Hydro.
• Bharat Bhushan Aggarwal, currently serving as President - HR, Administration & Corporate Communication.

Both appointees are full-time employees of the company. The categorisation does not involve a new appointment but rather an elevation of their status within the existing corporate hierarchy to align with regulatory disclosure requirements for senior management.

Executive Profiles

Archit Agarwal

Agarwal joined the company in 2015 and brings over 11 years of experience in infrastructure development and EPC execution. His expertise spans highways, railways, metro systems, tunneling, and logistics. He currently leads the Tunneling & Underground EPC Business and Logistics Business Platform. Previously, he served as President of the Delhi Chapter of the London Business School Alumni Association (2017–2024) and Chairman of the ICC Infrastructure Committee (2023–2025). He holds a B.Tech degree and an M.Sc. in Management from London Business School.

Bharat Bhushan Aggarwal

Aggarwal joined the company in 2021 with over 35 years of experience in Human Resources, organizational transformation, and business leadership. In his current role, he leads people strategy, organizational development, employee engagement, and corporate communication functions. His prior roles include senior positions at Fluor Daniel India, TRS Staffing Solutions India, Grasim Industries, Vardhman Group, DCM Shriram Industries, and Fujitsu India Limited. He holds degrees in Science, Law, and Business Administration.

Compliance Details

The board meeting commenced at 2:30 pm and concluded at 5:30 pm. The company has filed the necessary disclosures with BSE Limited and National Stock Exchange of India Limited to ensure compliance with applicable SEBI regulations.

G R Infraprojects Limited has filed a writ petition before the Hon'ble High Court of Madhya Pradesh, Indore, challenging a Goods and Services Tax (GST) show cause notice issued by the state tax authorities.

The legal challenge targets a notice dated August 25, 2026, issued by the Office of the Joint Commissioner of State Tax, Ratlam Division, Indore. The notice was raised under Section 74 of the Central Goods and Services Tax Act, 2017, and the Madhya Pradesh Goods and Services Tax Act, 2017.

Legal Proceedings Update

This development follows an earlier intimation to stock exchanges on August 26, 2026, where the company disclosed the receipt of the DRC-01 show cause notice. The company has now escalated the matter to the judiciary by filing the writ petition to contest the validity of the order.

The company confirmed that no settlement has been reached regarding these proceedings. Consequently, details regarding terms of settlement or compensation paid are currently not applicable.

Disclosure Details

The filing was made under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company provided specific disclosures as required by SEBI Master Circulars.

The company stated that the litigation does not involve key management personnel, promoters, or ultimate persons in control. As the matter is sub judice, the financial impact on the company's position remains undetermined pending further court orders.