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G R Infraprojects enters into SPA with Indus Infra Trust

25 Mar 2026 Evaluate

G R Infraprojects has entered into Share Purchase Agreement (SPA) with Indus Infra Trust for transfer of 100% equity shares being held by the company in its wholly owned subsidiaries namely GR Bilaspur Urga Highway (GBUHPL), GR Ujjain Badnawar Highway (GUBHPL) and GR Ena Kim Expressway (GEKEPL).

The completion of transfer would depend on meeting of contractual obligations as required under the share purchase agreement. Upon completion of the aforesaid transfer GBUHPL, GUBHPL and GEKEPL would cease to be wholly owned subsidiaries of the company.

G R Infraprojects is an integrated road EPC company with experience in design and construction of various road/highway projects across many States in India.

Peers
Company Name CMP
Larsen & Toubro 3935.00
Kalpataru Projects 1329.90
NCC 119.35
Rail Vikas Nigam 186.50
KEC International 348.85
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