G R Infraprojects Limited — Important, 28-03-2025: General Updates

G R Infraprojects Limited has executed a Share Purchase Agreement for the transfer of 100% equity shares held in its wholly-owned subsidiary, GR Galgalia Bahadurganj Highway Private Limited (GGBHPL), to Indus Infra Trust. The total consideration for this transaction is approximately ₹225.58 crore. GGBHPL contributed 5.15% to the company's consolidated income and 0.07% to its net worth as of March 31, 2024. Post-transfer, GGBHPL will no longer be a wholly-owned subsidiary, which could streamline operations and enhance focus on core activities. This move may lead to a positive outlook for investors, reflecting strategic realignment in the company's portfolio.