G R Infraprojects Limited has informed the Exchange regarding 'Disclosure under Regulation 10(5) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011'.
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G R Infraprojects Limited disclosed a proposed inter-se transfer of equity shares of promoter group companies (Jasamrit Designers Private Limited and Jasamrit Construction Private Limited) by way of gift among qualifying persons including immediate relatives and promoter group members. The acquirers are Ajendra Agarwal, Pankaj Agarwal, and Vikas Agarwal. The transfer is scheduled for on or after 28th May 2026. Shares are being transferred at nil consideration (gift). The company explicitly confirmed there will be no change in voting rights or control over G R Infraprojects, with aggregate promoter holding remaining unchanged at 57.65%. The rationale is realignment of shareholding amongst family members, which will not affect public shareholders.
This is an internal promoter group restructuring with no impact on the total promoter holding (57.65%) or voting rights in G R Infraprojects. Public shareholders are unaffected as the transfer is purely among family members within the promoter group.