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Gayatri Highways Limited

5 articles
Gayatri Highways Limited is undergoing a period of significant transition and financial restructuring, highlighted by the recent completion of its 20th Annual General Meeting. Shareholders approved the appointment of PPKG & Co. as statutory auditors for the next five years and a material ₹150 crore loan from Gayatri Projects Limited, reflecting ongoing inter-company financial activity. Notably, Gayatri Projects itself has emerged from a Corporate Insolvency Resolution Process, reporting a substantial profit after tax and significantly reduced borrowings, suggesting a broader positive trend within the Gayatri group that could benefit Highways Limited. These developments indicate a focus on financial stability and strategic partnerships as the company navigates future growth opportunities.