Gayatri Highways has informed that Gayatri Highways (GHL), the Company proposed the sale of 49% of the total paid up equity share capital held in HKR Roadways Limited (HKR) and proposed to enter into Securities Purchase and Subscription Agreement and disclosed the same on 27 August, 2024. The Company entered into Securities Purchase and Subscription Agreement, dated 06 September, 2024 (Agreement) and disclosed / updated the same on 06th September, 2024. In continuation to the disclosure dated 27 August, 2024 and update letter dated 06th September, 2024, now the Company through this updated letter brings to notice that the above said sale will be completed on or before 30 April, 2025 as Gayatri Highways Limited has to comply certain conditions as obligated under the above said Agreement.
The above information is a part of company’s filings submitted to BSE.
