This EPC Company Enters Share Sale Agreement with Indus Infra Trust: Here are the Details

GR Infraprojects Ltd has announced that it has signed a Share Purchase Agreement with Indus Infra Trust on 25th March 2026. Under this agreement, the company will sell 100 per cent of its shares in three of its wholly owned subsidiaries:

• GR Bilaspur Urga Highway Private Limited (GBUHPL)
• GR Ujjain Badnawar Highway Private Limited (GUBHPL)
• GR Ena Kim Expressway Private Limited (GEKEPL)

The completion of the share transfer will depend on fulfilling all contractual obligations outlined in the agreement. Once the transfer is complete, these three companies will no longer be wholly owned subsidiaries of GR Infraprojects Ltd.

Among the three subsidiaries, GEKEPL is classified as a material subsidiary. The company has already obtained shareholder approval for this sale through a postal ballot held on 20th March 2026. GBUHPL and GUBHPL are not material subsidiaries, so separate shareholder approval was not required for their sale.

Financial Contribution of the Subsidiaries

During the last financial year ending 31st March 2025, the subsidiaries contributed the following to the consolidated income and net worth of GR Infraprojects Ltd:

• GBUHPL contributed Rs 60,616.12 lakh to income (8.20 per cent of total income) and Rs 10,242.46 lakh to net worth (1.21 per cent).
• GUBHPL contributed Rs 31,813.35 lakh to income (4.30 per cent) and Rs 2,111.37 lakh to net worth (0.25 per cent).
• GEKEPL contributed Rs 75,384 lakh to income (10.19 per cent) and Rs 8,255.86 lakh to net worth (0.97 per cent).

Sale Consideration

The total consideration for the sale of these subsidiaries is as follows:

• GBUHPL – Rs 102.93 crore
• GUBHPL – Rs 16.51 crore
• GEKEPL – Rs 153.78 crore

About GR Infraprojects Ltd

GR Infraprojects Ltd is a leading integrated EPC company with a proven track record of delivering projects on time for over 28 years. With operations spanning 24 states across India, the company combines extensive industry experience with robust infrastructure capabilities.

GR Infraprojects Ltd operates four state-of-the-art manufacturing units and maintains a fleet of over 7,000 plants and equipment, enabling efficient project execution and high-quality delivery across diverse sectors.

GR Infraprojects Ltd Share Price Performance

G R Infraprojects Ltd share price closed at Rs 823.30, up by Rs 1.30, or 0.16 per cent, from the previous close of Rs 822.00. The stock opened at Rs 825.15 and recorded an Intraday high of Rs 843.20 and a low of Rs 812.00.

Over the year-to-date (YTD) period, the share has declined by 18.28 per cent, reflecting broader market pressures and sector-specific challenges. On a one-year basis, the stock is down by 20.97 per cent, indicating a period of consolidation after earlier gains.

Disclaimer: The article is for informational purposes only and not investment advice.