Gayatri Highways buys out two road subsidiaries and raises associate stake

Acquisition announcedStrategic Transactions View source PDF Explain this filing

GAYAHWS · price

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Price reactionminutes from the announcement price · days from the prior close

-2.5%Reaction day

₹1.61

prior close

₹1.60

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-2.5%+0.0% vs market

Road Assets - Toll Annuity Hybrid-Annuity peers, median of 6sector-0.9%-1.5% vs sector

On the reaction day the stock moved in line with Nifty Microcap 250 and 1.5 pts less than its Road Assets - Toll Annuity Hybrid-Annuity peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-1.3

10m

-5.0

15m

-2.5

30m

-2.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.5-2.5+0.0-0.9-1.5

Next day

+16.8-1.1+17.9+1.6+15.2

+19.3-0.8+20.1+1.1+18.1

+17.4+1.3+16.1+7.3+10.1

+16.8pendingpending+9.0+7.8

+15.5pendingpending+4.5+11.1

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15d

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UpDownMarket · Nifty Microcap 250Sector · Road Assets - Toll Annuity Hybrid-Annuity peers, median of 6Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Gayatri Highways completed share purchases on 28 October 2026 for cash at Re 1 for each acquisition: 49% each in Gayatri Jhansi Roadways and Gayatri Lalitpur Roadways, now wholly owned, and 11.53% in associate Cyberabad Expressways. All three run Indian highways under build, operate and transfer contracts. FY 2025-26 revenues were Rs 2,558.28 lakh, Rs 2,183.26 lakh and Rs 48.23 lakh. The related-party deal is at arm's length.

Likely market impact

Full ownership of two subsidiaries may improve control and profit share. No financial impact was disclosed, so the stock impact is uncertain.