G R Infraprojects Ltd

G R Infraprojects Ltd has announced the closure of its trading window for dealing in the company's securities. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code. The window will be shut for all designated persons and their immediate relatives starting from October 1, 2026. It will remain closed until 48 hours after the declaration of the financial results for the quarter ending September 30, 2026. The specific date for the board meeting to approve these results will be communicated later.

G R Infraprojects Ltd has filed a writ petition before the Hon'ble High Court of Madhya Pradesh, Indore, challenging a show cause notice (DRC-01) issued by the Office of the Joint Commissioner of State Tax, Ratlam Division, Indore, under Section 74 of the CGST Act, 2017 & MPGST Act, 2017. This action follows the company's previous intimation on August 26, 2026, regarding the notice. The company is contesting the GST department's demand, the details of which are provided in an annexure as per SEBI Listing Regulations.

G R Infraprojects Ltd has received an intimation from the National Highways Authority of India (NHAI) declaring the appointed date as September 7, 2026, for the Agra-Gwalior Greenfield Road project. This project involves the construction of a 6-lane access-controlled highway and overlay/strengthening works on NH-44. The project, estimated at ₹4,262.78 Crores, is to be executed on a DBFOT (Toll) pattern with a completion period of 910 days from the appointed date. This declaration marks a significant step towards project commencement.

G R Infraprojects Ltd has announced that NTPC Limited has invoked a Mobilization Advance Bank Guarantee of Rs. 49,52,59,040 issued by HDFC Bank and three Insurance Performance Surety Bonds totaling Rs. 41,33,70,998 issued by Bajaj General Insurance. These invocations are related to contract numbers CS-9575-171A-9-FC-COA-7978, CS-9575-171A-9-SC-COA-7979, and CS-9575-171A-9-TC-COA-7980, for which G R Infraprojects had issued a notice of termination on September 15, 2026. The company is currently examining the matter, evaluating its legal and contractual remedies, and states that there is no material impact on its business operations at present. The total amount invoked is Rs. 90.86 crore.

G R Infraprojects Ltd has issued a notice of termination to NTPC Limited for the EPC Agreement related to BESS Implementation at Mouda Super Thermal Power Station. The termination is effective immediately and is attributed to continuing Force Majeure and War Risk circumstances, along with contractual issues. The company has initiated the dispute resolution process and is currently assessing the financial impact of this termination.

G R Infraprojects Ltd has received a show cause notice (DRC-01) from the Office of the Joint Commissioner of State Tax, Ratlam Division, Indore, Madhya Pradesh. The notice, issued under Section 74 of the CGST Act, 2017 & MPGST Act, 2017, pertains to the tax period April 2020 to March 2021. It alleges discrepancies including excess/ineligible input tax credit and mismatches in e-way bill and GSTR-3B data. The proposed demand aggregates to ₹321.60 crore, encompassing tax, interest, and penalty. The company is preparing its response and believes it has strong grounds to defend its position, not currently anticipating any material financial impact.

Nagaur Mukundgarh Highways Private Limited, a subsidiary of G R Infraprojects Ltd, has had its writ petitions dismissed by the Rajasthan High Court. The petitions challenged the applicability of CBIC Circular No. 150/06/2021-GST and the levy of GST on annuity payments received under its concession agreements. The aggregate amount involved in this litigation is approximately ₹69.79 crore. The company is currently evaluating the judgment and considering available legal remedies with its advisors. This development pertains to ongoing litigations disclosed under listing regulations.

G R Infraprojects Ltd has received a Letter of Award from Varanasi MMLP Limited for the Development, Operation & Maintenance of the Multi Modal Logistics Park (MMLP) in Varanasi, Uttar Pradesh. The project will be executed on a Design, Build, Finance, Operate and Transfer (DBFOT) basis. The construction period is one year from the appointed date, followed by a concession period of 45 years. The total consideration for the project is ₹91.60 Crores. This award signifies a new business opportunity for G R Infraprojects in the logistics infrastructure sector.

G R Infraprojects Limited has been declared the successful bidder for the Development, Operation and Maintenance of a Multi Modal Logistics Park (MMLP) in Varanasi, Uttar Pradesh. The project, awarded by Varanasi MMLP Limited, will be executed on a Public Private Partnership (PPP) basis under a Design, Build, Finance, Operate and Transfer (DBFOT) model. The construction period is one year from the appointed date, followed by a concession period of 45 years. The total consideration for the project is ₹91.60 Crores. The company has also informed that the trading window for its securities will remain closed until 48 hours after the announcement, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.

G R Infraprojects Ltd announced its Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The Board of Directors approved these results in a meeting held on August 6, 2026. The company also provided details on the utilization of proceeds from non-convertible debentures, confirming full utilization with no deviations. The limited review report from B S R and Co, Chartered Accountants, was enclosed with the results.