The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Devki Nandan Agarwal & Others
GRINFRA · price
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Promoter and promoter group members of G R Infraprojects have carried out inter-se share transfers among six promoter group private companies: Lokesh Builders Pvt Ltd, Jasamrit Construction Pvt Ltd, Jasamrit Designers Pvt Ltd, Jasamrit Creations Pvt Ltd, Jasamrit Premises Pvt Ltd, and Jasamrit Fashions Pvt Ltd. The transfers took place on 29 September 2025 on an off-market basis. The six individual promoters' direct shareholding in G R Infraprojects (the listed target company) remains exactly unchanged at 2,82,61,630 shares, representing 29.21% of the paid-up equity capital, both before and after the transaction. The disclosure explicitly states that no additional voting rights were acquired by the promoter group as a whole, and the transfer is a realignment among family members with no impact on public shareholders.
This is a routine internal family realignment within the promoter group and does not change the aggregate promoter shareholding in G R Infraprojects. There is no impact on public shareholders, and the filing is informational in nature with no expected effect on the stock price.