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G R Infraprojects inks share purchase agreement with Indus Infra Trust

28 Mar 2025 Evaluate

G R Infraprojects has entered into Share Purchase Agreement with Indus Infra Trust for transfer of 100% Equity shares being held by the company in its wholly owned subsidiary -- GR Galgalia Bahadurganj Highway. The transaction is expected to complete by April 30, 2025.

Earlier, the company’s board in its meeting held on March 7, 2025 had approved the proposal for divestment of 100% Equity stake/investment held in GR Galgalia Bahadurganj Highway. 

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.


Peers
Company Name CMP
Larsen & Toubro 3675.00
Kalpataru Projects 1417.15
NCC 124.15
Rail Vikas Nigam 197.45
KEC International 359.85
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