G R Infraprojects Limited has informed the Exchange about appointment of Chairman of the Company.
GRINFRA · price
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G R Infraprojects Limited held a Board meeting on 11th May 2026 approving multiple matters. Key appointment: Mr. Ajendra Kumar Agarwal (Managing Director) has been appointed as Chairman of the Company in addition to his current role. The company also appointed Mr. Ashwin Agarwal as Additional Director (Whole Time Director) and re-appointed Mr. Rajan Malhotra as Independent Director for a second term. Mr. Desh Raj Dogra ceased as Independent Director upon completion of his two terms. Financially, the company reported strong FY26 standalone results with revenue of Rs 7,62,022 lakhs (up 20.7% YoY), profit after tax of Rs 99,606 lakhs (up 23.5% YoY), and EPS of Rs 102.95. The debt equity ratio remains very low at 0.03.
The appointment of the Managing Director as Chairman consolidates leadership and may signal confidence in the company's direction. Strong financial performance with 23.5% profit growth is positive for shareholders. The board changes reflect normal governance transitions.