GRINFRANSEG R Infraprojects LimitedHighNeutral
Announced Mon, 11 May · 21:29 IST

G R Infraprojects Limited has informed the Exchange regarding Change in Director(s) of the company.

Management Changes View source PDF

GRINFRA · price

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Price reaction · full curve 14 horizons · vs prior close
-5.5%1-day move
₹997.30
prior close
₹913.60
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+4.1+4.4+4.2+4.3-5.5-5.2-6.4-6.2-6.1-5.0-11.9-13.6-8.8
Up moveDown movePending
AI summary

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.

Likely market impact

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.