Intimation regarding completion of tenure of Independent Director.
GRINFRA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
G R Infraprojects Limited held its Board meeting on 11th May 2026 and approved several matters: (1) Audited standalone and consolidated financial results for Q4 and FY2026 showing strong performance with standalone revenue of Rs 7.62 lakh crore and profit after tax of Rs 9,960.56 lakh for the full year; (2) Mr. Desh Raj Dogra completed his two terms as Independent Director and ceased to be a director from close of business hours on 11th May 2026 (natural tenure completion); (3) Mr. Ajendra Kumar Agarwal appointed as Chairman in addition to his Managing Director role; (4) Mr. Rajan Malhotra re-appointed as Independent Director for a second 5-year term subject to shareholder approval; (5) Mr. Ashwin Agarwal appointed as Additional Director designated as Whole Time Director; (6) Appointment of Rajendra Singh Bhati & Co. as Cost Auditors for FY 2026-27 at Rs 1.25 lakh remuneration. The company also reported sale of 4 subsidiaries to Indus Infra Trust and acquisition of Rajgarh Neemach Power Transmission Limited. Unmodified audit opinion was issued.
The completion of Mr. Desh Raj Dogra's tenure as Independent Director is a routine governance transition. Strong FY2026 financial performance with 23.5% PAT growth and near-zero debt (debt equity ratio of 0.03) are positive indicators for shareholders. The company continues its infrastructure-focused growth strategy with expanded board leadership.