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 internal share realignment within the promoter and promoter group, where 26,87,178 equity shares (2.78% of total share capital) will be transferred as a gift (without any consideration) among qualifying family members. The acquirers are Devki Nandan Agarwal, Vinod Kumar Agarwal, Mahendra Agarwal, Ajendra Agarwal, and Purshottam Agarwal, while the transferors include family members (Laxmi Devi Agarwal, Sangeeta Agarwal) and various Agarwal family HUFs, scheduled on or after 27th September 2025. Individual stakes will shift modestly — for example, Ajendra Agarwal moves from 4.43% to 5.19%, and Sangeeta Agarwal's holding drops from 2.02% to 1.42%. The 60-day volume weighted average price is Rs. 1,272.27 per share, though no price applies here since this is a gift. The aggregate promoter and promoter group shareholding and voting rights in the company will remain unchanged, and no open offer exemption under Regulation 10(1)(a) is being claimed.
This is a routine internal family realignment by way of gift with no change in aggregate promoter shareholding or voting rights, so it has no material impact on public shareholders or the stock price. Investors can treat this as a neutral, administrative disclosure.