G R Infraprojects Limited has informed the Exchange regarding 'Disclosure under Regulation 10(5) of Securities and Exchange Board of India (Substantial Acquistion of Shares and Takeovers) Regulations, 2011.'.
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G R Infraprojects has informed the exchanges about a proposed inter-se transfer of equity shares among promoter group companies by way of gift among family members. The transfers are happening in six promoter group entities: Lokesh Builders Private Limited, Jasamrit Designers, Jasamrit Premises, Jasamrit Fashions, Jasamrit Creations, and Jasamrit Construction Private Limited. Six acquirers from the Agarwal promoter family (Devki Nandan, Vinod Kumar, Mahendra, Ajendra, Purshottam, and Harish Kumar Agarwal) will receive shares, while certain family members and HUFs will transfer. The transfers are scheduled on or after 27th September 2025 at no consideration (gift basis). Importantly, the document clearly states that aggregate shareholding and voting rights in G R Infraprojects will remain unchanged, with no impact on the interests of public shareholders.
This is a routine internal realignment of shareholding within the Agarwal promoter family across their holding companies. There is no change in voting rights, control, or management of G R Infraprojects, and no impact on public shareholders. Stock price is unlikely to be affected by this disclosure.