ALPHA TRIBE

Gayatri Highways LimitedOthers, 06-01-2025: Shareholders meeting

06-01-2025 | 06:00 pm

Gayatri Highways Limited shareholders have approved two key resolutions via postal ballot: the first allows a material related party transaction with HKR Roadways Limited, while the second permits the relinquishment of rights in Sai Maatarini Tollways Limited. With a voting turnout exceeding 52%, both resolutions received requisite majority support from members. This development may enhance operational flexibility and strategic alignments for Gayatri Highways. The management's intent to strengthen ties with associates and optimize asset holdings could signal a positive outlook for long-term value creation, despite potential risks tied to related party transactions.

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