GR Infraprojects Sells Three Highway Subsidiaries

GR Infraprojects signed an SPA on 25 March 2026 to sell 100% equity in three highway subsidiaries to Indus Infra Trust.
Total aggregate sale consideration stands at approximately Rs. 273.22 crore across the three entities, with completion expected by 30 June 2026.
The three subsidiaries collectively contributed ~22.69% of consolidated income and ~2.43% of consolidated net worth as of 31 March 2025.
Transaction is a related party deal conducted at arm's length; shareholder approval via postal ballot obtained on 20 March 2026 for the material subsidiary.