G R Infraprojects Ltd enters into SPA with Indus Infra Trust

G R Infraprojects Limited has entered into Share Purchase Agreement on 29th December 2025 with Indus Infra Trust for transfer of 100% Equity shares being held by the Company in its wholly owned subsidiary namely GR Bahadurganj Araria Highway Private Limited ("GBAHPL").

The completion of transfer would depend on meeting of contractual obligations as required under the share purchase agreement.

Upon completion of the aforesaid transfer, GBAHPL would cease to be wholly owned subsidiary of the Company.

GR Bahadurganj Araria Highway Private Limited is not a material subsidiary of the Company.

The aggregate consideration for sale and transfer of the entire equity share capital of GR Bahadurganj Araria Highway Private Limited (the "GBAHPL"), held by the Company and its nominee(s) would be INR 59,86,55,430/-.

Shares of G R Infraprojects Ltd was last trading in BSE at Rs. 994.00 as compared to the previous close of Rs. 1000.45. The total number of shares traded during the day was 483 in over 128 trades.

The stock hit an intraday high of Rs. 1001.05 and intraday low of 992.25. The net turnover during the day was Rs. 480309.00.

Source : Equity Bulls

Keywords

GRInfraprojects INE201P01022 Construction Engineering SPA IndusInfraTrust