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An announcement from G R Infraprojects Ltd. ( (IN:GRINFRA) ) is now available.
G R Infraprojects Limited has completed the sale and transfer of its wholly owned subsidiary, GR Bahadurganj Araria Highway Private Limited, to Indus Infra Trust after receiving the agreed consideration of about Rs 59.87 crore, effective 30 December 2025. Following this transaction, the highway project unit, which contributed 3.14% to consolidated income and 0.45% to consolidated net worth in FY 2024-25 and was not classified as a material subsidiary, ceases to be a wholly owned subsidiary, indicating a continued strategy of asset monetisation and portfolio rebalancing through related-party, arm’s-length deals in line with disclosure regulations.
More about G R Infraprojects Ltd.
G R Infraprojects Limited is an Indian infrastructure company engaged primarily in the development and execution of highway and road projects through special purpose vehicles and subsidiaries. The company operates in the transport infrastructure space, focusing on build-operate-transfer and related models, and frequently monetises project assets via transfers to infrastructure investment trusts and related entities.
Average Trading Volume: 2,032
Technical Sentiment Signal: Sell
Current Market Cap: 98.1B INR
Learn more about GRINFRA stock on TipRanks’ Stock Analysis page.