GR Infraprojects Receives Letter of Acceptance for ₹1897.51 Crore Railway Project

1 min read     Updated on 11 Feb 2026, 06:49 PM
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Reviewed by
Naman SScanX News Team
Overview

GR Infraprojects Limited officially received the Letter of Acceptance dated February 17, 2026, from West Central Railway for a ₹1897.51 crore railway construction project. The EPC contract involves building a new railway line between Bahari and Gondawali stations in Madhya Pradesh as part of the Sidhi-Singrauli rail link project, with a completion period of 900 days from the appointed date.

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*this image is generated using AI for illustrative purposes only.

GR Infraprojects Limited has officially received the Letter of Acceptance (LOA) dated February 17, 2026, from West Central Railway, confirming the award of a significant railway infrastructure project worth ₹1897.51 crore. This development follows the company's emergence as the L-1 bidder in the financial bid opening conducted on February 11, 2026.

Project Award Confirmation

The formal LOA marks the official commencement of the railway construction project, which involves building a new railway line from Km 124/400 to 165/380 between Bahari and Gondawali stations in Madhya Pradesh. The project is part of the strategic Sidhi-Singrauli new rail link initiative.

Parameter: Details
Contract Value: ₹1897.51 crore
Awarding Authority: West Central Railway
LOA Date: February 17, 2026
Project Mode: Engineering, Procurement and Construction (EPC)
Completion Period: 900 days from appointed date
Location: Madhya Pradesh

Comprehensive Project Scope

The railway construction project encompasses extensive infrastructure development including:

  • Earthwork and foundation preparation
  • Minor bridges, major bridges, and important bridges
  • Viaduct construction
  • ROB (RCC Box Type) development
  • RUB/LHS infrastructure
  • Station building construction
  • Tunnel development
  • Complete track work
  • Various miscellaneous works related to railway infrastructure

Regulatory Compliance and Communication

The company announced this development in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary Sudhir Mutha signed the official communication to both BSE and NSE, confirming receipt of the LOA and undertaking to provide regular updates on project developments.

Corporate Information

GR Infraprojects Limited, formerly known as G.R. Agarwal Builders and Developers Limited, operates with CIN L45201GJ1995PLC098652. The company trades on BSE under script code 543317 and on NSE under the symbol GRINFRA. The organization maintains its corporate office in Gurugram, Haryana, head office in Udaipur, Rajasthan, and registered office in Ahmedabad, Gujarat.

Historical Stock Returns for GR Infraprojects

1 Day5 Days1 Month6 Months1 Year5 Years
-0.76%-0.34%+7.21%-22.99%-7.98%-44.18%

GR Infraprojects Limited Board Meeting Scheduled for February 13, 2026 to Consider Interim Dividend for FY26

1 min read     Updated on 10 Feb 2026, 07:52 PM
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Reviewed by
Radhika SScanX News Team
Overview

GR Infraprojects Limited has scheduled a board meeting for February 13, 2026, to consider interim dividend declaration for FY26. The company has set February 19, 2026, as the record date for shareholder entitlement and implemented a trading window closure from February 11-17, 2026, for designated persons. The announcement complies with SEBI regulations and was communicated to both BSE and NSE exchanges.

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*this image is generated using AI for illustrative purposes only.

GR Infraprojects Limited has announced that its Board of Directors will convene on February 13, 2026, to deliberate on the declaration of interim dividend for the Financial Year 2025-26. The meeting notification was issued on February 10, 2026, in compliance with regulatory requirements.

Board Meeting Details

The infrastructure company has scheduled the board meeting specifically to consider and approve interim dividend on equity shares for FY26. The meeting will be held on Friday, February 13, 2026, with the board evaluating the feasibility and quantum of dividend distribution to shareholders.

Parameter: Details
Meeting Date: February 13, 2026
Purpose: Consider interim dividend for FY26
Record Date: February 19, 2026
Announcement Date: February 10, 2026

Record Date and Shareholder Entitlement

The company has established February 19, 2026, as the record date for determining equity shareholder entitlement for the proposed dividend. This date will serve as the cut-off for identifying eligible shareholders who will receive the interim dividend, if declared by the board.

Trading Window Closure

In adherence to insider trading regulations, GR Infraprojects has implemented a trading window closure for designated persons and their immediate relatives. The restriction period will be effective from February 11, 2026, through February 17, 2026, both days inclusive.

Trading Window Details: Information
Closure Period: February 11-17, 2026
Applicable To: Designated persons and immediate relatives
Regulation: SEBI Insider Trading Prohibition
Purpose: Prevent insider trading during dividend consideration

Regulatory Compliance

The announcement was made pursuant to Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has notified both BSE Limited (Scrip Code: 543317) and National Stock Exchange of India Limited (Symbol: GRINFRA) about the scheduled board meeting.

The notification was signed by Sudhir Mutha, Company Secretary (ICSI Membership No. ACS18857), ensuring proper corporate governance protocols are followed. The company maintains its corporate office in Gurugram, Haryana, with its head office located in Udaipur, Rajasthan, and registered office in Ahmedabad, Gujarat.

Historical Stock Returns for GR Infraprojects

1 Day5 Days1 Month6 Months1 Year5 Years
-0.76%-0.34%+7.21%-22.99%-7.98%-44.18%

More News on GR Infraprojects

1 Year Returns:-7.98%