G R Infraprojects Ltd has entered into a definitive agreement to transfer 100% equity in one of its subsidiaries for an aggregate consideration of ₹598.7 million. The transaction reflects the company’s strategy to streamline operations, monetise non-core assets, and strengthen its balance sheet.
G R Infraprojects Ltd, a leading infrastructure development company, has announced that it has executed an agreement for the sale of its entire equity holding in a subsidiary entity. The deal involves a 100% equity transfer and is valued at an aggregate consideration of ₹598.7 million.
This strategic move is in line with the company’s broader objective of optimising its corporate structure and reallocating capital towards core infrastructure and EPC projects. By divesting select subsidiaries, the company aims to enhance financial flexibility and focus on projects with stronger long-term returns.
The transaction is expected to be completed in accordance with the terms and conditions outlined in the agreement, subject to customary regulatory and contractual approvals. The management believes that the sale will have a positive impact on cash flows and overall capital efficiency, without affecting the company’s core execution capabilities.
Key Highlights
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Agreement signed for 100% equity transfer in a subsidiary
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Total consideration: ₹598.7 million
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Transaction supports balance sheet strengthening
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Aligns with strategy to focus on core infrastructure projects
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No immediate impact expected on ongoing operations
Sources: Company regulatory filing to stock exchanges (BSE and NSE)