GRP Limited Releases Audited Financial Results for FY26; Progress Stalled on Key Gujarat Highway

GRP Limited Releases Audited Financial Results for FY26; Progress Stalled on Key Gujarat Highway​

GRP Limited announced the publication of its audited standalone and consolidated financial results for the quarter and the financial year ending March 31, 2026. The results were made available to the public on Sunday, May 17, 2026, through both the English newspaper Financial Express and the Gujarati newspaper Gujarat Mitra.

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Infrastructure Concerns Surface on Major Gujarat Road Link​

In the Nathoda-Velacha-Moti Naroli corridor, residents are expressing growing frustration over the stalled construction of a vital road. The proposed highway linking Hathoda, Velacha, Moti Naroli, and Moto Borasra to Kimne has been deemed crucial for the daily life of people in 15 to 20 villages.

The initial plan for this vital road was approved last year, with a sanctioned amount of ₹8.32 lakh for its modernization. Local residents had been optimistic that the project would be completed efficiently, providing a permanent solution to long-standing infrastructure issues.

However, after a promising start eight months ago, the construction work has slowed considerably over the last two months due to unstated reasons. With the monsoon season nearing its end, locals are warning that if the road is not completed before the rains, it will pose a major hazard for vehicle owners and the general public from several villages, including Hathoda, Velacha, Moti Naroli, Moto Borasra, Mangrol, Jhankhav, and Umarpada.

Villagers who rely on this road daily report that large potholes have developed, making passage extremely dangerous, particularly during the monsoon. Despite the local agitation, residents are demanding accountability and immediate action from the contractor.

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Local Incidents and Crime Reports Across Gujarat​

Assault and Murder in Amod​

In Amod, a public spat escalated into a severe assault. Maheshubhai Uffo Lala Mohd Mohd Mihida (age 40) was found murdered in broad daylight on the Shahilbhai Ranjitbhai Chauhan's property near the ST Depot on a Sunday at 12 PM. The victim, whom authorities later found had been subjected to multiple stab wounds across the neck, both sides of the torso, left abdomen, and hands, was taken to the Amod Community Hospital for post-mortem examination.

According to local police, the deceased, Maheshubhai Uffo Lala Mohd Mohd Mihida, had an existing relationship with the wife of Aiyubbhai, the deceased's elder brother. A dispute arose after the deceased learned about this connection. The alleged assailant, Shahilbhai Ranjitbhai Chauhan, reportedly injured the victim with the intent to kill, leaving behind deep wounds.

Chennai Snatching Incident​

In Tarsadi, two habitual offenders were arrested by the Surat District LCB Police after they were caught attempting to snatch the gold chain from a woman's neck while she was returning from the Mandir. During questioning, the accused confessed to snatching a chain from a woman in Pipodra, in addition to the items taken at Tarsadi. The police seized a total of ₹3,83,000 in property, including two gold chains valued at ₹2.60 lakh, a moped, and a mobile phone.

ATM Fraud in Bharuch-Ankleshwar​

The Bharuch LCB Police apprehended a repeat offender, Tushar Anilbhai Kothari (age 36), in Bharuch. Kothari was found allegedly changing ATM cards from the SBI ATM located at Shiknathan and Chotanakaka in Ankleshwar, intending to help customers.

Police confirmed that Kothari had previously allegedly withdrawn over ₹58,500 from the SBI ATM in Bharuch, Vadodara, Surat, and Anand districts. He reportedly used ₹32,500 to pay a lawyer's fee and spent the rest on online gambling. Police seized ₹7,400 in cash and mobile phones from the accused and have initiated legal action.

Labor and Civic Issues in Namrda District​

In a district coordination and grievance redressal meeting chaired by the District Collector, various issues were highlighted by Dadriopada MLA Chaitra Vasava. He urgently demanded:

• The timely completion of all remaining tar road works in the Namrda district.
• The installation of new drinking water handpumps and the immediate repair of old ones to solve water scarcity in multiple areas.
• The assurance of employment for the maximum number of people under MNREGA.
• Proper wages for employed employees according to minimum wage standards.
• Immediate resolution for the scarcity of diesel and petrol in Sagbara, Jipda, and Dadriopada talukas, which led to long queues.
• Prompt action regarding the scarcity of fertilizer.

MLA Vasava also raised concerns about illegal checkpoints, arguing that checkpoints set up without authority in Ghansera, Vesra Takra, Setpur, Kalakhala, and Gamthala harass farmers, vegetable vendors, and ordinary citizens. He demanded the immediate removal of such checkpoints and legal action against violations of the 73AA and PSA Acts, and land grabbing.

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Note: The financial details for GRP Limited were published in the Financial Express and Gujarat Mitra on May 17, 2026.

GRPLTD Stock Price Movement​

As of 1:45 PM, shares of GRP Limited are shedding 11.23% in live trading, currently finding support at ₹1605. Amid the downward momentum, the equity trades on robust volume of 8,686 shares in the live market.