G R Infraprojects Limited has announced that its promoter and promoter group shareholding remains unchanged following an inter-se transfer of shares among immediate relatives. The transfer, which qualifies for exemption under Regulation 10(1)(a)(i) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, involved Mrs. Laxmi Devi Agarwal, Mrs. Suman Agarwal, Mrs. Ritu Agarwal, Mrs. Kiran Agarwal, and Mrs. Sangeeta Agarwal, all members of the company’s promoter group.
The transactions were executed on 27th March 2026 and 30th March 2026, with the requisite report submitted to SEBI within the required 21 working days. The report included details of the transactions and confirmed that no additional voting rights were acquired by the promoter group as a whole. Consequently, the aggregate shareholding and voting rights in the company remain unchanged.
The inter-se transfer was part of a realignment of shareholding among family members and did not affect the interests of the public shareholders of G R Infraprojects. The shares were transferred without consideration, i.e., by way of gift, and the acquisition price per share was nil.
The company has complied with all relevant regulations, including the submission of reports under Regulations 10(5) and 10(6) of the SEBI SAST Regulations to the stock exchanges on 19th March 2026 and 31st March 2026, respectively. Additionally, the applicable fees of ₹1,50,000 plus GST were remitted through online mode.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).