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The latest announcement is out from G R Infraprojects Ltd. ( (IN:GRINFRA) ).
G R Infraprojects Limited has disclosed that promoter group member Shakuntala Devi Gupta plans to acquire equity shares in the company through an inter-se transfer by way of gift among immediate relatives. The transactions, scheduled on or after March 25, 2026, are being undertaken in compliance with Regulation 10(5) of SEBI’s Substantial Acquisition of Shares and Takeovers Regulations, 2011.
The company clarified that the proposed transfers will remain below the thresholds under Regulation 3, will not change the aggregate shareholding or voting rights of the promoter and promoter group, and will not affect public shareholders’ interests. This indicates an internal realignment of holdings within the promoter family rather than a change in control or broader ownership structure in the company.
More about G R Infraprojects Ltd.
G R Infraprojects Limited is an Indian infrastructure company focused on developing and executing construction projects, primarily in roads and highways. The company operates as a listed entity on BSE and NSE, with a defined promoter and promoter group that holds a significant equity stake in the business.
Average Trading Volume: 14,523
Technical Sentiment Signal: Sell
Current Market Cap: 88.16B INR
Find detailed analytics on GRINFRA stock on TipRanks’ Stock Analysis page.