Announced Tue, 21 Jul · 15:03 IST
Provisional Completion Certificate issued for UP highway project
Business Updates View source PDF
GRINFRA · price
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Price reaction · full curve 14 horizons · vs prior close
-4.2%1-day move
₹922.00
prior close
₹895.90
base price
In-mkt
timing
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+0.0-0.4-0.4—-4.2-5.8-5.5-4.7——————
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AI summary
G R Infraprojects' wholly owned subsidiary GR Yamuna Bridge Highway has provisionally completed a four-lane highway project on NH-731A in Uttar Pradesh, including the Yamuna Bridge. The project, bid cost about Rs 737.17 crore excluding GST, was executed on Hybrid Annuity Mode. The Independent Engineer issued the Provisional Completion Certificate on 21 July 2026, with the project declared fit for commercial operations from 23 June 2026.
Likely market impact
Positive: completion enables handover to NHAI and billing of remaining annuity instalments, supporting revenue recognition.