G R Infraprojects Limited’s promoter group has confirmed an inter-se transfer of shares within promoter group companies, specifically Jasamrit Designers Private Limited and Jasamrit Construction Private Limited. This internal realignment of shareholding among family members does not impact the promoter group’s aggregate shareholding or voting rights in the Target Company, nor does it affect public shareholders’ interests. The disclosure was made on June 1, 2026.
Promoter Group Realigns Shareholding
G R Infraprojects Limited has announced an inter-se transfer of shares within its promoter group. This transaction involves entities like Jasamrit Designers Private Limited and Jasamrit Construction Private Limited. The disclosure, made on June 1, 2026, clarifies that this is a strategic realignment of shareholding among family members.
No Impact on Aggregate Holdings
Crucially, the announcement emphasizes that this internal transfer has not resulted in any acquisition of additional voting rights by the promoter or promoter group as a whole. Consequently, their aggregate shareholding and voting rights, both pre and post the transfer, in the Target Company and its subsidiary promoter group companies have remained unchanged. The total shareholding of the promoter group in G R Infraprojects Limited stands at 17.05%.
Public Shareholders’ Interests Unaffected
The company has assured that this inter-se transfer is a private matter concerning the realignment of shareholding amongst family members. As such, it has not affected the interests of the public shareholders of G R Infraprojects Limited. This transparency ensures continued confidence in the company’s governance and shareholder relations.
Transaction Details
The disclosure also provides details regarding the shareholding patterns before and after the transfer for the involved entities. For Jasamrit Designers Private Limited, the total number of shares held by the promoter group remains 10,000, with percentages reflecting the reallocation. Similarly, for Jasamrit Construction Private Limited, the total shares held by the promoter group remain 10,000. The mode of acquisition/sale is specified as an ‘inter-se transfer of shares of Promoter Group Companies (off-market)’, occurring on May 29, 2026.
Equity Capital Unchanged
The equity share capital and total voting capital of G R Infraprojects Limited remain consistent both before and after the said sale. The total number of shares is 9,67,60,529, with a total amount of Rs. 48,38,02,645, based on a face value of Rs. 5/- per equity share.
Source: BSE
