Gayatri Highways completes sale of 49% stake in HKR Roadways for around Rs 200 Crores
GAYAHWS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Gayatri Highways Limited has completed the sale of its 49% stake in associate company HKR Roadways Limited to Cube Highways and Infrastructure V PTE. Limited on 2nd September 2026. The Securities Purchase Agreement was signed on 12th February 2026. The company expects to receive around Rs 200 Crores, with an additional Rs 48 Crores possible subject to Wholesale Price Index-linked events. HKR contributed about 0.63 percent of net profit (Rs 711.65 Lakhs) to GHL in FY 2024-25. The buyer is not related to the promoter group and the transaction is not a related party deal.
Cash inflow of around Rs 200 Crores plus possible Rs 48 Crores more; sale of a small non-core associate contributing only 0.63 percent of FY25 net profit.