GR Infraprojects
823.30
+1.30(+0.16%)
Market Cap₹7,966.29 Cr
PE Ratio7.25
IndustryConstruction
Company Performance:
1D+0.16%
1M-16.50%
6M-36.68%
1Y-20.89%
5Y-52.88%
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More news about GR Infraprojects
17Feb 26
GR Infraprojects Announces Postal Ballot for Loan Approval and Subsidiary Sale
GR Infraprojects Limited has issued a postal ballot notice dated 17th February 2026 for two special resolutions: approval for loans/guarantees up to Rs. 800 crores to related entities under Section 185 of Companies Act, and sale of material subsidiary GEKEPL to Indus Infra Trust for Rs. 201.80 crores. Remote e-voting runs from 19th February to 20th March 2026, with 13th February as cut-off date.
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17Feb 26
GR Infraprojects Receives Letter of Acceptance for ₹1897.51 Crore Railway Project
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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10Feb 26
GR Infraprojects Limited Board Meeting Scheduled for February 13, 2026 to Consider Interim Dividend for FY26
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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10Feb 26
G R Infraprojects Reports Q3 FY26 Financial Results with Revenue Growth
G R Infraprojects Limited reported its Q3 FY26 unaudited financial results, showing consolidated revenue of ₹234,313.66 lakhs compared to ₹179,737.76 lakhs in Q3 FY25. For the nine-month period, consolidated revenue reached ₹599,659.97 lakhs versus ₹526,428.00 lakhs in the previous year. Net profit after tax for Q3 FY26 was ₹25,874.93 lakhs, while nine-month net profit stood at ₹69,271.86 lakhs. The results were approved by the Board on February 6, 2026.
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06Feb 26
GR Infraprojects Reports Strong Q3FY26 Results with 37.7% Profit Growth
GR Infraprojects reported strong Q3FY26 financial performance with revenue from operations rising 35.9% to ₹2,039.49 crores and net profit surging 37.7% to ₹232.15 crores. The board approved key appointments including Mr. Vinod Kumar Agarwal as Chairman Emeritus and PricewaterhouseCoopers as internal auditor, while completing the sale of subsidiary GR Bahadurganj Araria Highway Private Limited for ₹50.10 crores.
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19Jan 26
GR Infraprojects emerges as L1 bidder for ₹488 crore NTPC BESS project
GR Infraprojects has won a significant ₹487.77 crore Battery Energy Storage System project at NTPC's Mouda Super Thermal Power Station in Maharashtra with a 15-month completion timeline. The company also secured a ₹262.28 crore railway gauge conversion project in Gujarat's Vadodara division, demonstrating strong order book growth across power and railway infrastructure sectors.
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09Jan 26
GR Infraprojects Clarifies Delayed Disclosure of Senior Management Resignation to BSE
GR Infraprojects Limited clarified to BSE Limited that its delayed disclosure of senior management resignation was inadvertent, caused by ambiguity in interpreting SEBI regulation timelines. The company emphasized no intention to withhold information and made prompt disclosure after obtaining regulatory clarity.
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08Jan 26
GR Infraprojects Receives Provisional Completion Certificate for Bilaspur-Urga Highway Project
GR Infraprojects Limited announced that its subsidiary GR Bilaspur Urga Highway Private Limited received Provisional Completion Certificate-II for an additional 13.895 km section of the Bilaspur-Urga highway project. The completed section, declared fit for commercial operation from June 30, 2025, brings total completed length to 69.015 km out of 70.200 km total project length. The ₹1,527.00 crore project involves 4-laning of NH-130A under Bharatmala Pariyojana in Chhattisgarh state, executed on Hybrid Annuity Mode as part of the Raipur-Dhanbad Economic Corridor.
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06Jan 26
GR Infraprojects Announces Resignation of Senior Management Personnel
GR Infraprojects Limited announced the resignation of Mr. Sibanarayan Nayak, President-Corporate Affairs and Development, effective December 31, 2025. The resignation was submitted on November 2, 2025, with Mr. Nayak citing his desire for a more relaxed work life and pursuit of social engagements. He was responsible for Tower Manufacturing Plant and BOP initiatives, and has requested proper handover arrangements to ensure business continuity during the transition.
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24Dec 25
GR Infraprojects Completes ₹1,085 Cr Gujarat Highway
GR Infraprojects' subsidiary, GR Bhimasar Bhuj Highway Private Limited, has received a Provisional Completion Certificate for upgrading NH-341 in Gujarat. The project involves a 65.478 km stretch from Bhimasar Junction to Airport Junction, upgraded to four lanes with paved shoulders. The project, executed under the hybrid annuity mode, cost ₹1,085.00 crores. The highway is now deemed commercially operational and ready for public use.
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14Nov 25
GR Infraprojects Reports 9.4% Revenue Growth in Q2 FY26, Chairman Resigns
GR Infraprojects Limited reported a 9.36% year-on-year increase in standalone revenue for Q2 FY26, reaching INR 1,234.00 crores. The EBITDA margin declined by 63 basis points to 9.76%. Chairman Vinod Kumar Agarwal resigned due to health reasons. The company targets new project wins of INR 20,000.00-25,000.00 crores for FY26, with a current order book of INR 21,000.00 crores. GR Infraprojects is diversifying into the oil and gas sector and aims for INR 1,000.00-1,500.00 crores annual revenue from offshore streams within three years. The company expects 5-10% revenue growth in H2 FY26 and targets 15% growth for FY27.
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12Nov 25
G R Infraprojects Sets Ambitious Growth Targets for FY26 and Beyond
GR Infraprojects Limited has announced a growth strategy targeting significant order inflows and revenue growth. The company aims to secure annual orders of INR 5,000-8,000 crores in the transmission segment over the next 2-3 years. For FY26, GR Infra targets order inflows of INR 20,000-25,000 crores with 5-6% revenue growth, followed by a 15% revenue growth target for FY27. The company plans a total capex of approximately INR 100 crores for the current fiscal year, with INR 50 crores already spent in the first half.
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10Nov 25
GR Infraprojects Chairman Vinod Kumar Agarwal Steps Down Citing Health Reasons
Vinod Kumar Agarwal, Chairman and Whole-time Director of GR Infraprojects Limited (GRIL), has resigned effective November 10, 2025, citing health issues. Agarwal, associated with GRIL since its inception in 1995, served as a founder and promoter for nearly three decades. The company has informed stock exchanges about this change in compliance with SEBI regulations. GRIL's board will likely begin the process of identifying a successor to fill this crucial role.
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10Nov 25
GR Infraprojects Reports 7% Growth in Q2FY26 Revenue and PAT, Guides Multi-Year Growth with ₹21,114 Cr Order Book
GR Infraprojects Limited (GRIL) reported consolidated revenue of ₹13.50 billion and profit after tax of ₹1.30 billion for Q2FY26, both showing a 7% year-over-year increase. The company's order book stands at ₹21,114.00 crore, providing strong revenue visibility. GRIL is expanding into power, rail, and metro segments, and has implemented strategic initiatives including asset monetization, design-led execution, working capital optimization, and backward integration. The company's focus on operational excellence and strong order book position it well for future growth.
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14Oct 25
G R Infraprojects Completes Rs 364.88 Crore Bangalore Metro Construction Project Amid Income Tax Scrutiny
GR Infraprojects has completed a 7.50 km stretch of the Bangalore Metro Rail Project Phase-2, valued at Rs. 364.88 crore. Simultaneously, the Income Tax Department conducted extensive search operations across multiple company locations and residences of key personnel. The company has cooperated with authorities and states that business operations remain unaffected. The financial impact of the search operation is currently unquantifiable.
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08Oct 25
G R Infraprojects Secures ₹290.23 Crore Contract for Giridih Bypass Construction
GR Infraprojects Limited (GRIL) has received a Letter of Acceptance from the State Highways Authority of Jharkhand for the construction of the Giridih Bypass road. The project, valued at ₹290.23 crore, involves building a 26.672 km bypass towards Tundi. It will be executed on an EPC (Engineering, Procurement, and Construction) basis with a completion period of 24 months from the Appointed Date. This contract adds to GRIL's order book and demonstrates the company's capabilities in infrastructure development.
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01Oct 25
G R Infraprojects Promoters Complete Inter-se Share Transfer Among Family Members
GR Infraprojects Limited reported an inter-se transfer of 26.87 lakh shares (2.78% of total share capital) among promoter group members. The transfer involved Agarwal family members and their HUFs. Despite significant individual shareholding changes, the promoter group's total stake remained at 26.60%. Key acquisitions: Mahendra Agarwal (7,32,565 shares), Ajendra Agarwal (7,33,365 shares), and Purshottam Agarwal (6,54,448 shares). The company stated this was a family shareholding realignment with no impact on public shareholders.
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30Sept 25
G R Infraprojects Acquires Rajgarh Neemuch Power Transmission Limited for Rs 18.88 Crore
GR Infraprojects Limited has acquired Rajgarh Neemuch Power Transmission Limited (RNPTL) for Rs 18.88 crore, making it a wholly-owned subsidiary. The acquisition involves 50,000 equity shares and is linked to a Letter of Intent for a major power transmission project in Madhya Pradesh. RNPTL, incorporated in June, operates in the power transmission sector. The deal, paid in cash, is not a related party transaction. This move aligns with GRINFRA's strategy to expand in the power transmission sector, particularly for renewable energy projects.
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26Sept 25
G R Infraprojects Expands Power Portfolio, Divests Highway Subsidiary
GR Infraprojects Limited (GRINFRA) has announced two strategic moves: acquiring Rajgarh Neemuch Power Transmission Limited, a power transmission company, and divesting its wholly-owned highway subsidiary, GR Bahadurganj Araria Highway Private Limited (GBAHPL). The acquisition aligns with GRINFRA's recent success in bidding for transmission projects in Madhya Pradesh's renewable energy zones. The divestment of GBAHPL to Indus Infra Trust involves selling a 100% equity stake and assigning unsecured loans. These moves signify GRINFRA's shift towards expanding in the power transmission sector while streamlining its highway infrastructure portfolio.
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22Sept 25
G R Infraprojects Expands Business Scope, Ventures into Energy and Solar Solutions
GR Infraprojects has amended its Memorandum of Association to diversify into new business areas including energy solutions, solar power, water infrastructure, and advanced power solutions. This strategic move aims to expand the company's market presence, create synergies with existing operations, mitigate risks, and align with government initiatives for sustainable development. The expansion represents a significant shift from the company's core infrastructure focus, potentially opening up new revenue streams and growth opportunities.
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19Sept 25
G R Infraprojects Expands Business Scope, Shareholders Approve Key Changes
GR Infraprojects Limited has received shareholder approval to amend its Memorandum of Association, expanding its business scope into renewable energy and advanced infrastructure projects. The company will now engage in solar energy, battery storage systems, pump storage projects, hybrid power plants, and manufacturing of electrical equipment. Shareholders also approved the re-appointment of key directors and the appointment of new auditors.
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19Sept 25
G R Infraprojects Shareholders Approve Re-appointment of Two Directors at AGM
GR Infraprojects Limited held its 29th Annual General Meeting on September 19. Shareholders approved the re-appointment of Vikas Agarwal as Wholetime Director and Rajendra Kumar Jain as Independent Director for five-year terms from April 1, 2026, to March 31, 2031. Other approved resolutions included adoption of financial statements, confirmation of interim dividend, ratification of Cost Auditors' remuneration, appointment of Secretarial Auditors, and alteration of the object clause in the Memorandum of Association. All resolutions passed with significant majority support, with re-appointments receiving 92.66% and 97.31% votes in favor respectively.
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12Sept 25
GR Infraprojects Subsidiary Completes ₹907 Crore Maharashtra Highway Project
GR Infraprojects' subsidiary, GR Govindpur Rajura Highway Private Limited, has completed a four-laning project on NH-353B in Maharashtra. The 56.101 km stretch from Govindpur to Rajura was executed under the Hybrid Annuity Mode at a cost of ₹907 crore. The project received its Provisional Completion Certificate on September 12, 2025, with commercial operations beginning on September 11, 2025. The project was completed in less than three years from its appointed date of October 17, 2022.
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05Sept 25
GR Infraprojects' Subsidiary Secures ₹758 Crore Multi Modal Logistics Park Project in Madhya Pradesh
GR Infraprojects Limited's subsidiary, GR Logistics Park (Indore) Private Limited, has secured a ₹758.10 crore project to develop a Multi Modal Logistics Park near Pithampur in Dhar District, Madhya Pradesh. The project, awarded by National Highways Logistics Management Limited, will be executed on a Design, Build, Finance, Operate and Transfer (DBFOT) basis through a Public Private Partnership model. It includes a 2-year construction period and a total operation period of 45 years.
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27Aug 25
G R Infraprojects Secures ₹367 Crore Annual Transmission Project in Madhya Pradesh
GR Infraprojects Limited (GRIL) has been awarded a significant transmission project in Madhya Pradesh by REC Power Development and Consultancy Limited. The project, valued at an annual transmission charge of ₹3,670.73 million, involves establishing a transmission system to evacuate power from renewable energy projects in Rajgarh and Neemuch SEZ. The scope includes setting up new substations, augmenting transformer capacity, and constructing transmission lines. Following a BOOT model, the project has a 24-month completion timeline and a 35-year operation and maintenance period.
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14Aug 25
GR Infraprojects Emerges as Top Bidder for ₹3.6 Billion Project
GR Infraprojects Limited has secured the position of top bidder for an infrastructure project valued at ₹3.60 billion (approximately $43.50 million USD). The company's success in the bidding process demonstrates its competitive strength in the sector and could potentially boost its future revenue streams and project pipeline. GR Infraprojects also recently clarified that a previous news article claiming they won a ₹23.90 billion high-speed rail contract was incorrect.
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11Aug 25
G R Infraprojects Reports Mixed Q1 Results, Eyes Robust Order Inflow
GR Infraprojects reported a 3.7% YoY decrease in standalone revenue to ₹1,826.14 crores, but saw improved profitability with standalone PAT surging to ₹1,216.00 crores. The company's order book stands at ₹23,700.00 crores with 24 projects under execution. Management set ambitious order inflow targets of ₹22,000.00 crores for FY2026 and ₹30,000.00 crores for FY2027. The company is diversifying across highways, railways, metro, power transmission, and hydro sectors. Despite challenges, GR Infraprojects expects 10-15% revenue growth for FY2026 and 15-20% for FY2027.
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06Aug 25
G R Infraprojects Completes INR 1,577 Crore Highway Project in Andhra Pradesh
GR Infraprojects Limited has announced the provisional completion of a four-laning project on National Highway 71 (NH-71) from Madanapalli to Pileru in Andhra Pradesh. The project, spanning 55.900 kilometers and valued at INR 1,577.00 crore, was executed under the Bharatmala Pariyojna scheme through the Hybrid Annuity Mode. The Independent Engineer issued a Provisional Completion Certificate on August 4, 2025, declaring the project fit for commercial operation from June 30, 2025. The project was carried out by GR Madanapalli Pileru Highway Private Limited, a wholly owned subsidiary of GR Infraprojects.
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05Aug 25
G R Infraprojects Sets Ambitious Growth Targets for FY26 and FY27
GR Infraprojects Limited (GRIL) projects 10-15% revenue growth for FY26, with EBITDA margins expected at 12-13% for FY26 and FY27. The company aims for order inflows of ₹22,000 crore in FY26 and ₹30,000 crore in FY27. GRIL recently held an earnings call for the quarter ended June 30, 2025, with the audio recording available on their website.
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02Aug 25
G R Infraprojects Reports 8.8% QoQ Revenue Decline to Rs 19,424.00 Million in Q1
GR Infraprojects Limited (GRINFRA) reported a decline in total income for Q1, with total income falling 8.78% quarter-on-quarter to Rs 19,424.00 million. Revenue from operations declined 8.25% to Rs 18,261.00 million. EBITDA margin compressed to 12.65%, and profit after tax dropped 41.87% quarter-on-quarter to Rs 2,158.00 million. However, the company maintained a robust order book of Rs 194,104.00 million as of June 30, 2025, with potential to reach Rs 237,064.00 million including L1 projects. The company operates 7 operational projects and has 19 under construction across highways, transmission, and ropeway segments. Net working capital days remained stable at 121 days, and the standalone debt-to-equity ratio stood at 0.05.
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01Aug 25
G R Infraprojects Board Proposes Changes to Memorandum of Association for Business Expansion
GR Infraprojects Limited (GRINFRA) has announced plans to modify its Memorandum of Association (MOA) to broaden its business scope. The Board of Directors recommended changes to the Object Clause, aiming to provide greater clarity and flexibility for future growth. These alterations are subject to shareholder approval at the upcoming Annual General Meeting. The company also reported strong Q1 financial results, with a consolidated profit after tax of ₹24,440.63 crore and revenue from operations of ₹1,98,778.99 crore.
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01Aug 25
G R Infraprojects Reports 57% Surge in Q1 Net Profit and Improved EBITDA
GR Infraprojects' consolidated net profit increased by 57% to 2.44 billion rupees in Q1. Revenue from operations slightly declined to 19.88 billion rupees. EBITDA rose to 3.98 billion rupees with an improved margin of 20.03%. The BOT/Annuity Projects segment was the strongest performer. The company plans to expand its business operations through alterations to its Memorandum of Association, subject to shareholder approval.
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24Jul 25
G R Infraprojects Emerges as L-1 Bidder for Rs 290.23 Crore Giridih Bypass Project in Jharkhand
GR Infraprojects Limited (GRINFRA) has emerged as the lowest bidder (L-1) for an Engineering, Procurement, and Construction (EPC) contract in Jharkhand. The project, valued at Rs 290.23 crore, involves the construction of a 26.672 km Giridih Bypass road. Tendered by the State Highway Authority of Jharkhand, the project has a duration of 24 months from the appointed date. This potential contract demonstrates GRINFRA's competitive edge in the infrastructure sector and could significantly boost the company's order book and revenue pipeline.
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24Jul 25
G R Infraprojects Secures INR 290.23 Crore Giridih Bypass Project in Jharkhand
GR Infraprojects Limited (GRINFRA) has been identified as the lowest bidder (L-1) for a highway construction project in Jharkhand. The project, valued at INR 290.23 crore, involves building the 26.672 km Giridih Bypass road. The Engineering, Procurement, and Construction (EPC) contract was awarded by the State Highway Authority of Jharkhand with a 24-month completion timeline. This development aligns with India's ongoing efforts to enhance road infrastructure and could potentially boost GR Infraprojects' order book and future revenue streams.
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09Jul 25
GR Infra Secures ₹1,250 Crore Project, Boosting Order Book
GR Infraprojects Limited has won a new project valued at ₹1,250.00 crore. The contract is expected to significantly boost the company's order book and strengthen its position in the infrastructure sector. Specific details about the project, including its nature, location, and timeline, have not been disclosed. The new project is likely to enhance GR Infra's market position and may require the company to scale up its operations.
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19May 25
GR Infraprojects Outlines Financial Targets and Capex Plans
GR Infraprojects has revealed plans for a capex of ₹100-125 crore for the upcoming year and a ₹1,000 crore equity investment over the current and next financial year. The company targets 11,500 units for the current year and expects growth to be split over two years. More detailed growth guidance will be provided in six months.
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15May 25
G R Infraprojects Reports Strong Q4 Performance with 11.5% EBITDA Growth
G R Infraprojects announced Q4 results with EBITDA rising to ₹610.00 crore, up 11.52% YoY. EBITDA margin improved to 26.79% from 22.00%. Despite a slight revenue dip to ₹2,276.00 crore, consolidated net profit increased to ₹403.00 crore QoQ. Profit Before Tax grew 24.55% YoY to ₹482.00 crore. Quarterly performance showed significant improvements with EBITDA up 20.37% and net profit increasing 35.64% compared to the previous quarter.
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08May 25
G R Infraprojects Secures ₹2.62 Billion Contract, Bolstering Order Book
G R Infraprojects Limited (GRIL) has been awarded a contract worth ₹2.62 billion (approximately $31.5 million USD). This new contract is expected to enhance the company's order book, potentially boost future revenue, and strengthen its market position. The project details and timeline have not been disclosed. GRIL is known for its integrated Engineering, Procurement, and Construction (EPC) services in the road and highway sector.
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06May 25
G R Infraprojects Secures ₹1,257.29 Crore BharatNet Project in Kerala
G R Infraprojects Limited (GRINFRA) has been awarded an Advance Work Order worth ₹1,257.29 crore from BSNL for the BharatNet initiative in Kerala. The project involves designing, constructing, and maintaining the middle mile network for 3 years of execution and 7 years of operation and maintenance. This Design Build Operate and Transfer (DBOT) contract is part of the larger BharatNet initiative to provide broadband connectivity across India.
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05May 25
G R Infraprojects Secures ₹1,257.29 Crore BharatNet Project in Kerala
G R Infraprojects Limited (GRINFRA) has been awarded an Advance Work Order worth ₹1,257.29 crore by BSNL for the BharatNet project in Kerala. The contract involves design, supply, construction, installation, upgradation, operation, and maintenance of the middle mile network. The project will be executed under a Design Build Operate and Transfer (DBOT) model with a 3-year execution period followed by 7 years of operation and maintenance.
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04Apr 25
G R Infraprojects Wins ₹1.06 Billion Arbitration Award Against Bihar Government
G R Infraprojects Limited has won an arbitration case against the Bihar government, entitling it to receive ₹106.45 crore plus 12% annual interest. The dispute was related to the construction of a two-lane Bhagalpur Bypass project. The arbitral tribunal's decision, announced on April 2, 2025, is expected to have no negative impact on the company's financial position. This victory demonstrates G R Infraprojects' ability to manage project-related disputes effectively.
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03Apr 25
G R Infraprojects Secures ₹1.06 Billion Award in Arbitration Against Bihar Government
G R Infraprojects Limited has won an arbitration case against the Bihar government, securing an award of ₹106.45 crore plus 12% annual interest. The dispute was related to the construction of a two-lane Bhagalpur Bypass project. The company stated that this award will have no negative impact on its financial position.
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19Mar 25
G R Infraprojects Secures ₹4,263.00 Crore NHAI Project
G R Infraprojects Limited has received a Letter of Acceptance from the National Highways Authority of India for a new project valued at ₹4,263 crore. This significant contract is expected to enhance the company's order book, reinforce its market position in the highway construction sector, and provide revenue visibility for the coming years. The project aligns with the government's ongoing efforts to improve India's road infrastructure.
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18Mar 25
G R Infraprojects Secures ₹4,262.78 Crore NHAI Project and Declares Interim Dividend
G R Infraprojects Limited (GRIL) has received a Letter of Acceptance from NHAI for a ₹4,262.78 crore highway project. The project involves constructing a 6-lane Agra-Gwalior Greenfield Road and improving the existing Agra-Gwalior section, spanning across Uttar Pradesh, Rajasthan, and Madhya Pradesh. The project will be executed under the DBFOT model with a 910-day completion period. Additionally, GRIL has declared an interim dividend of ₹12.50 per share with March 13 as the record date.
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17Mar 25
G R Infraprojects Secures ₹4,263 Crore NHAI Project Bid
G R Infraprojects Ltd. has been selected as the bidder for a ₹4,263 crore project from the National Highways Authority of India (NHAI). This significant contract is expected to boost the company's order book and reinforce its position in the infrastructure sector. The project's value represents a substantial opportunity for the company's growth and financial performance.
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13Mar 25
G R Infraprojects Secures Massive ₹4,262.78 Crore NHAI Project for Agra-Gwalior Greenfield Highway
G R Infraprojects Limited has been selected as the bidder for a major NHAI project valued at ₹4,262.78 crore. The project involves constructing the Agra-Gwalior Greenfield Road, a 6-lane access-controlled highway spanning three states. It includes two sections: development of the new highway and overlay/strengthening of an existing section. The project will be executed under the DBFOT pattern at BOT Toll, with a completion period of 910 days.
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10Mar 25
G R Infraprojects Announces 100% Stake Divestment and ₹12.50 Interim Dividend
G R Infraprojects has approved the divestment of its 100% stake in subsidiary GGBHPL and declared an interim dividend of ₹12.50 per equity share. The divestment could potentially reshape the company's portfolio, while the dividend demonstrates commitment to shareholder value. Details of the divestment, including financial terms and the buyer's identity, were not disclosed.
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07Mar 25
G R Infraprojects Announces Divestment and Declares Generous Interim Dividend
G R Infraprojects Limited (GRINFRA) has announced two major decisions: the divestment of its wholly-owned subsidiary GR Galgalia Bahadurganj Highway Private Limited (GGBHPL) to Indus Infra Trust, and the declaration of an interim dividend of ₹12.50 per equity share. The divestment involves selling 100% equity stake in GGBHPL, which contributed 5.15% to GRINFRA's consolidated income. The transaction is expected to be completed by April 30, 2025. The interim dividend has a record date of March 13, 2025.
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27Feb 25
G R Infraprojects to Invest ₹270 Crore in Assam Ropeway Project
G R Infraprojects Limited has signed an MoU with the Assam government for a ₹270 crore ropeway project in Guwahati. The project will connect Sonaram Field to Bhubaneshwari Temple, Kamakhya. The state government will assist in obtaining necessary approvals. The MoU is valid for 12 months with possible extension. This project marks G R Infraprojects' expansion into urban transportation infrastructure and is expected to boost tourism in the region.
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GR Infraprojects
823.30
+1.30
(+0.16%)
1 Year Returns:-20.89%
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