Disclosure under Regulation 10(5) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
GRINFRA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
G R Infraprojects disclosed a proposed inter-se transfer of equity shares of promoter group companies (Jasamrit Designers Private Limited and Jasamrit Construction Private Limited) among family members via gift. The acquirers include Ajendra Agarwal, Pankaj Agarwal, and Vikas Agarwal. No consideration is involved as shares are transferred by way of gift. The transaction is scheduled on or after 28th May 2026. The filing explicitly states there is no impact on the shareholding or voting rights of GRIL — the promoter group's aggregate holding remains unchanged at approximately 57.65%. The transfer is described as a realignment of shareholding amongst family members and does not affect public shareholders. No open offer trigger is applicable as aggregate shareholding and control remain unchanged per Regulation 3 read with Regulation 5 of SEBI SAST Regulations.
This is an internal promoter family restructuring with no impact on GRIL's total shareholding or stock price. No change in voting rights or control over the company — neutral for public shareholders and not actionable.