G R Infraprojects Limited has informed the Exchange regarding Change in Director(s) of the company.
GRINFRA · price
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On the reaction day the stock moved 2.9 pts less than Nifty Microcap 250 and 2.9 pts less than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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G R Infraprojects Limited held its Board Meeting on 11th May 2026 and announced several leadership changes along with strong financial results. Mr. Ajendra Kumar Agarwal was appointed as Chairman in addition to his Managing Director role. Mr. Ashwin Agarwal was appointed as an Additional Whole Time Director, while Mr. Rajan Malhotra was re-appointed as Independent Director for a second 5-year term. Mr. Desh Raj Dogra completed his two terms and ceased to be an Independent Director. Financially, standalone revenue grew 20.7% year-over-year to ₹7,62,022 lakhs, while profit after tax increased 23.5% to ₹99,606 lakhs. Basic EPS for FY26 stood at ₹102.95 versus ₹83.40 in FY25. The company also recognized ₹2,427 lakhs as exceptional expense due to new labour codes implementation.
The appointment of Mr. Ajendra Kumar Agarwal as Chairman alongside his MD role consolidates leadership. Strong profit growth of 23.5% YoY and improved margins are positive signals for shareholders. The Income Tax search conducted in October 2025 and an ongoing regulatory matter in Guwahati remain areas to monitor.