GAYATRI PROJECTS LTD.

Gayatri Projects Ltd has announced it has been awarded a new project by Bengaluru Rail Infrastructure Development Enterprise Limited (B-RIDE) through a Joint Venture. The contract is for the Design and Construction of various infrastructure works for Corridor-4 of the Bengaluru Suburban Transport Project (BSTP), covering a 6.259 km at-grade section and a 3.681 km elevated viaduct from Bennigenahalli to Jakkur. The total value of the contract is ₹342 Crores (Rupees Three Hundred and Forty-Two Crores only), excluding GST.

Gayatri Projects Ltd has announced that its Board of Directors will convene on November 4, 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. The trading window for company shares will be closed for directors, KMPs, officers, and designated employees until November 6, 2026.

Gayatri Projects Ltd has successfully repaid its entire outstanding fund-based borrowings from banks and financial institutions, achieving a debt-free status in this regard. This significant milestone aligns with the company's settlement terms and strengthens its financial position. The repayment is expected to reduce debt-servicing burdens, allowing management to focus on business operations, project execution, and future growth opportunities.

Gayatri Projects Ltd has submitted its 37th Annual Report for the financial year 2025-26, which has been sent to shareholders electronically. The report is also available on the company's website. The company's financial highlights for FY25-26 show a significant increase in Turnover to ₹84,689 lakhs and a substantial Profit Before Tax of ₹2,08,076 lakhs, with Profit After Tax at ₹2,04,695 lakhs. The 37th Annual General Meeting is scheduled for September 28, 2026, to be held via Video Conference. Key personnel changes and auditor details are also provided within the report.

Gayatri Projects Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026, issued by Crisil Ratings. The report confirms that the entire proceeds from the Preferential Issue (PI) have been utilized within this quarter. The issue size was initially ₹314.00 crore, revised to ₹277.10 crore due to undersubscription. Proceeds were used for OTS settlement, working capital, and general corporate purposes. Crisil Ratings confirmed no deviation from the stated objects of the issue.

Gayatri Projects Ltd has informed the exchange that there is no deviation or variation in the utilization of proceeds from its preferential issue for the quarter ended June 30, 2026. This was reviewed by the Audit Committee and noted by the Board of Directors. Consequently, the company is not required to submit a separate statement of deviation as per SEBI regulations. The necessary disclosure was included in the integrated financial filing for the said quarter.

Gayatri Projects Ltd announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The company reported a standalone profit before tax of ₹3,677.53 Lakhs, a significant improvement compared to the previous year's loss of ₹9,807.04 Lakhs for the same period. Total income from operations for the standalone entity stood at ₹22,877.35 Lakhs. The results were reviewed by the Audit Committee and approved by the Board of Directors.

Gayatri Projects Ltd announced the outcome of its Board Meeting held on August 12, 2026. The Board approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The results were reviewed by the Audit Committee. The company also reported a preferential allotment of 27,71,00,315 equity shares at an issue price of ₹10 per share, amounting to ₹27,710.03 Lakhs. An exceptional item of ₹2,167.52 Lakhs was recognized related to arbitration claims and debt settlement.

Gayatri Projects Ltd has announced that its Board of Directors will convene on August 12, 2026. The primary agenda for this meeting is to consider and approve the unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026. Additionally, the company has informed that the trading window for its shares will remain closed for directors, KMPs, officers, and designated employees until August 14, 2026, two days after the board meeting.

Zeal Global Opportunities Fund has disclosed a substantial acquisition of shares in Gayatri Projects Limited, acquiring 1,50,00,000 shares, representing 5.06% of the total share capital. This acquisition was made through preferential allotment. The filing indicates that prior to this transaction, Zeal Global Opportunities Fund held no shares in Gayatri Projects. The total equity share capital of Gayatri Projects Limited has also increased post-acquisition. A note in the filing mentions a subsequent decrease in Zeal Global's holding percentage to 3.23% due to an increase in the company's total share capital.