Announced Sat, 4 Jul · 11:52 IST
GR Infra completes Rs 1,368 Cr Bandikui-Jaipur expressway project
GRINFRA · price
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Price reaction · full curve 14 horizons · vs prior close
-2.2%1-day move
₹913.95
prior close
₹913.00
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AI summary
G R Infraprojects announced that its wholly owned subsidiary has received the completion certificate for the 4-lane Bandikui-Jaipur greenfield expressway spur in Rajasthan under Bharatmala Pariyojana Phase-I. The project was executed on Hybrid Annuity Mode with a bid cost of Rs 1,368 crore excluding GST. The Independent Engineer issued the certificate on 30 June 2026, declaring the project fit for commercial operation from 1 October 2025.
Likely market impact
Enables annuity payments to begin for the Rs 1,368 Cr project, supporting steady long-term cash flows for the company.