G R Infraprojects has received approval for divestment of 100% Equity stake/investment held in its wholly owned subsidiary Company viz. GR Galgalia Bahadurganj Highway (GGBHPL) and assignment of unsecured loan made by the Company to GGBHPL.
As on date, G R Infraprojects, together with its nominee, is holding 90,00,000 equity shares, constituting 100% issued, subscribed and paid-up capital of the GGBHPL. The Board of Directors of the Company at its meeting held on March 07, 2025 has, inter alia, considered and approved the same.
G R Infraprojects is an integrated road engineering, procurement and construction (EPC) company with experience in design and construction of various road/highway projects across States in India and having recently diversified into projects in the railway sector.
