Don’t miss the latest developments in business and finance.

Board of G R Infraprojects approves sale of GR Aligarh Kanpur Highway

Image
Last Updated : Jun 25 2024 | 5:05 PM IST

At meeting held on 25 June 2024

The Board of G R Infraprojects at its meeting held on 25 June 2024 has approved the non-binding counter offer for acquisition of 100% equity stake/investment held in its wholly owned subsidiary company viz. GR Aligarh Kanpur Highway (GAKHPL) by Bharat Highways InvIT.

As on date, G R Infraprojects, together with its nominee, is holding 6,30,00,000 equity shares, constituting 100% issued, subscribed and paid-up capital of the GAKHPL.

GR Aligarh Kanpur Highway is not a material subsidiary of the Company.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Jun 25 2024 | 2:41 PM IST

Next Story