Announced Mon, 13 Apr · 15:52 IST
Board Approves ₹250 Cr Related Party Deals, Waives ₹150 Cr Premium
Strategic Transactions View source PDF
GAYAHWS · price
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Price reaction · full curve 14 horizons · vs prior close
+6.5%1-day move
₹2.30
prior close
₹2.31
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.7+1.7+3.0+2.6+6.5+11.3+16.5+10.9+6.5+4.3+4.3+3.0-2.2-16.1
Up moveDown movePending
AI summary
Board approved material related party transactions: (1) alteration of terms of Cumulative Redeemable Preference Shares in HKR Roadways (associate) and waiver of redemption premium up to ₹150 Cr, (2) loan of ₹50 Cr from subsidiary Gayatri Jhansi Roadways, and (3) loan of ₹50 Cr from subsidiary Gayatri Lalitpur Roadways. All subject to shareholder approval via postal ballot.
Likely market impact
Forgoing ₹150 Cr receivable may dent earnings; ₹100 Cr loans from subsidiaries boost liquidity. Pending shareholder vote.