G R Infraprojects has secured the position of L-1 bidder for a significant highway project in Gujarat, valued at ₹1,453.57 crore. The project involves upgrading the existing two-lane carriageway to a four-lane divided carriageway over a stretch of 60.21 kilometres on NH-56.
The project, located between Nasarpore Village in Umarpada Taluka and Malotha Village in Vyara Taluka, will be executed under the Hybrid Annuity Mode (HAM). The completion period for this infrastructure development is set at 910 days from the appointed date.
The announcement follows the financial bid opening conducted on 27th March 2026 by the National Highways Authority of India. G R Infraprojects‘ emergence as the lowest bidder highlights its competitive edge in securing high-value infrastructure contracts.
In compliance with SEBI regulations and the company’s code on insider trading, the trading window for dealing in the company’s securities will remain closed until 48 hours after this announcement.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).