GR Infraprojects’ board has approved the allotment of 1500 Rated, Listed, Unsecured, Freely Transferable, Redeemable Non-Convertible Debentures (NCDs) of face value of Rs 10,00,000 each at a issue price of Rs 10,00,000 each aggregating to Rs 150 crore on Private Placement basis. The NCDs are proposed to be listed on Wholesale Debt Market (WDM) segment of BSE. A Committee of the Board of Directors of the company at its meeting held on October 7, 2021 has approved the allotment of the same.
GR Infraprojects is an integrated road EPC company with experience in design and construction of various road/highway projects across many States in India.
