G R Infraprojects Ltd to Transfer 100% Shares in Three Subsidiaries to Indus Infra Trust

G R Infraprojects Ltd has entered into Share Purchase Agreements with Indus Infra Trust for the transfer of 100% equity shares in its wholly owned subsidiaries GR Bilaspur Urga Highway Private Limited, GR Ujjain Badnawar Highway Private Limited, and GR Ena Kim Expressway Private Limited. The completion of the transfer is subject to contractual obligations. GR Ena Kim Expressway Private Limited is a material subsidiary and the transfer requires shareholder approval, while GR Bilaspur Urga Highway Private Limited and GR Ujjain Badnawar Highway Private Limited are not material subsidiaries. The total consideration for the sale and transfer of equity share capital is INR 273.22 crores.