Gayatri Highways Limited — JV/Acquisition, 28-08-2026: Acquisition
28-08-2026 | 03:03 pm
28-08-2026 | 03:03 pm
Gayatri Highways has completed acquiring a 23% stake, totaling 10,67,729 equity shares, in HKR Roadways Limited. This strategic investment expands GHL's presence within the infrastructure sector, leveraging HKR Roadways' Build, Operate, and Transfer (BOT) project for the Hyderabad-Karimnagar-Ramagundam road. The acquisition is set to enhance GHL's future growth prospects, incorporating HKR Roadways' robust revenue, which stood at ₹264.03 Cr in FY25, ₹245.78 Cr in FY24, and ₹225.40 Cr in FY23. This move reinforces GHL's project portfolio and operational synergies.
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