G R Infraprojects Limited has informed the Exchange about Rumour Verification - Regulation 30(11) regarding clarification on the news article
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G R Infraprojects has issued a clarification in response to a news article dated 12th August 2025 that claimed the company won a Rs. 23.9 billion high-speed rail contract. The company has stated that the news item is factually incorrect, that it has not received any such contract, and that it is not aware of any information related to the article. The clarification is being issued under SEBI Regulation 30(11) to prevent misinformation and unwarranted speculation among investors.
This is a denial of a large contract win rumor worth nearly Rs. 24 billion. Short-term selling pressure on the stock is possible if investors had bought based on the unverified news. However, it also reinforces transparency and may prevent prolonged mispricing.