G R Infraprojects Limited has informed the Exchange regarding 'Issue of Completion Certificate'.
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G R Infraprojects Limited's wholly-owned subsidiary, GR Govindpur Rajura Highway Private Limited, has received a Completion Certificate for a highway four-laning project in Maharashtra. The project involved converting a 56.180 km two-lane stretch of NH-353B into a four-lane road under Hybrid Annuity Mode. The bid project cost was INR 907 crore (excluding GST). The Independent Engineer issued the completion certificate on April 28, 2026, with the project declared fit for commercial operation from March 25, 2026. This is a routine project completion disclosure under SEBI listing regulations.
The successful completion and commercial operation start means GR Infraprojects will now begin receiving annuity payments under the HAM framework, providing steady revenue visibility. This is positive for shareholders as it demonstrates execution capability and unlocks cash flows from the project.