G R Infraprojects Ltd has recommended the appointment of M/s. B S R and Co as its statutory auditors for a term of five years, subject to shareholder approval at the ensuing Annual General Meeting. The recommendation follows the completion of the term of the current auditor, M/s. S R B C & Co LLP, at the conclusion of the 30th AGM. The Board of Directors approved the proposal based on the recommendation of the Audit Committee during its meeting held on June 20, 2026.

The new auditors, M/s. B S R and Co, will serve for five consecutive years commencing from the conclusion of the 30th AGM until the conclusion of the 35th AGM. The firm was constituted on September 1, 2007, and operates as a partnership firm with Firm Registration No. 128510W. Its registered office is located at Nesco IT Park in Goregaon (East), Mumbai.

M/s. B S R and Co, along with its member firms, employs over 4,000 staff and includes more than 200 partners. The outgoing auditor, M/s. S R B C & Co LLP, held Firm Registration No. 324982E/E300003. The disclosure was made in compliance with Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Auditor Appointment Details

GR Infraprojects disclosed an inter-se transfer of 88,47,393 equity shares among promoter group members on March 27 and March 30, 2026. The transfer, amounting to 9.15% of the total paid-up equity share capital, was executed to realign shareholding amongst family members. Consequently, the aggregate shareholding and voting rights of the Promoter and Promoter Group remained unchanged at 7,22,65,608 shares, representing 74.69% of the company.

Share Transfer Details

The transactions involved five acquirers and several transferors within the promoter group. The acquirers included Mrs. Laxmi Devi Agarwal, Mrs. Suman Agarwal, Mrs. Ritu Agarwal, Mrs. Kiran Agarwal, and Mrs. Sangeeta Agarwal. The transferors comprised Mr. Devki Nandan Agarwal, Mr. Pankaj Agarwal, Mrs. Puja Agarwal, Mr. Vikas Agarwal, Mrs. Rupal Agarwal, Mr. Vinod Kumar Agarwal, Mr. Lokesh Agarwal, Mr. Purshottam Agarwal, and Mr. Harish Kumar Agarwal.

Regulatory Compliance

The disclosure was submitted under Regulation 29(1) and Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company confirmed that no additional voting rights were acquired by the Promoter and Promoter Group as a whole. The equity share capital of the company stood at 9,67,60,529 shares with a face value of ₹5 per share, both before and after the transfer. The filing stated that the realignment has not affected the interests of public shareholders.