The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Harish Kumar Agarwal & PACs
GRINFRA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Harish Kumar Agarwal (acquirer) and Harish Kumar Agarwal & Family HUF (seller) executed an off-market inter-se transfer of 1,000 equity shares of promoter group entity Lokesh Builders Private Limited on 25 May 2026. The transfer value is Rs. 48,38,02,645 on the total share capital of 9,67,60,529 equity shares (FV Rs. 5 each) of G R Infraprojects Ltd. Harish Kumar Agarwal's direct holding in the target company remained unchanged at 34,61,839 shares (3.58%) both before and after the transfer, as the aggregate promoter group shareholding was not affected. The company states the transfer is part of a family shareholding realignment among promoter group members and has no impact on public shareholders.
No material impact on shareholding or stock price expected, as this is an internal reshuffling within the promoter group with no change in aggregate promoter stake or voting rights in the target company.