Shakuntala Devi Gupta, part of the Promoter Group, has acquired shares from Manish Gupta via an inter-se transfer on March 27, 2026. This transaction involved the transfer of 21,00,000 equity shares. Following the transfer, the aggregate shareholding and voting rights of the Promoter Group in G R Infraprojects Limited remained unchanged at 2.74% of the total capital, as no new voting rights were acquired externally.
Disclosure of Promoter Group Share Transaction
This disclosure pertains to a change in shareholding of G R Infraprojects Limited (the “Target Company”) executed via an inter-se transfer among immediate relatives within the Promoter Group. The transaction date for the acquisition and disposal was 27th March 2026. The filing has been made by the Acquirer, Mrs. Shakuntala Devi Gupta, and the Seller, Mr. Manish Gupta.
Details of Acquisition and Disposal
The core of the transaction involved the transfer of 21,00,000 shares carrying voting rights. Mrs. Shakuntala Devi Gupta acquired this exact number of shares, representing 2.17% of the total capital. Concurrently, Mr. Manish Gupta disposed of the same number of shares.
Shareholding Before Transaction
Prior to this transfer, the combined holding of Mr. Manish Gupta and Mrs. Shakuntala Devi Gupta stood at 26,49,132 shares, equating to 2.74% of the total share capital.
Shareholding After Transaction
After the transfer, the individual holdings reflect the following distribution among the key persons:
- Mr. Manish Gupta: Holding reduced to 5,49,132 shares (0.57%).
- Mrs. Shakuntala Devi Gupta: Holding increased to 21,00,000 shares (2.17%).
The Total (a+b+c+d) for the Acquirer post-acquisition remains 26,49,132 shares, maintaining the group’s overall stake at 2.74%.
Capital Structure Confirmation
The disclosure confirms that the total Equity Share Capital and total voting capital of the Target Company remained constant both before and after the acquisition, calculated based on the filing data as of 31st December 2025:
- Number of Shares: 9,67,60,529 Equity Shares.
- Total Amount (Face Value ₹5/-): Rs. 48,38,02,645.
Since the transaction was strictly an Inter-se Transfer among qualifying immediate relatives, the aggregate voting rights held by the entire Promoter Group remain unchanged.
Source: BSE