G R Infraprojects Limited has informed the Exchange about Issuance of Provisional Completion Certificate for project "Four Laning of existing 2- lane stretch from Govindpur (MH/TG Border) (Design km 32.910) to Rajura (Design km 89.011) {Design Length - 56.101 km} section of NH-353B in the State of Maharashtra on Hybrid Annuity Mode under NH (O)" of GR Govindpur Rajura Highway Private Limited, a Wholly Owned Subsidiary of the Company.
GRINFRA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
G R Infraprojects Limited's wholly owned subsidiary, GR Govindpur Rajura Highway Private Limited, has received a Provisional Completion Certificate for a 56.101 km four-laning stretch of NH-353B from Govindpur to Rajura in Maharashtra. The project was executed on Hybrid Annuity Mode (HAM) under the National Highway (Original) scheme. With this certification, the project moves into its operational phase, making the subsidiary eligible to receive annuity payments from the authority. This marks a key milestone in the company's HAM portfolio.
Positive for shareholders — the project transitions from construction to revenue-generating stage, supporting future annuity inflows. It reflects timely execution capability but is in line with normal HAM project progression rather than a new growth trigger.