Promoter Group Members Complete Inter-Se Transfer of Shares in G R Infraprojects Ltd
The promoter group of G R Infraprojects Limited has undertaken an inter-se transfer of shares as part of a realignment among family members, according to details disclosed regarding changes in shareholding on June 24, 2026. The transaction involved the disposal by Shakuntala Devi Gupta and the acquisition by Purshottam Agarwal and Harish Kumar Agarwal.The movement of shares was documented with both parties acquiring positions within the promoter group structure.
The key details of the inter-se transfer are summarized below:
| Transaction Aspect | Shareholder(s) | Shares Transferred | Percentage of Total Voting Capital |
|---|---|---|---|
| Disposal | Shakuntala Devi Gupta (Seller) | 7,00,000 | 0.72% |
| Acquisition | Purshottam Agarwal & Harish Kumar Agarwal (Acquirers) | 7,00,000 | 0.72% |
The transaction was completed on June 24, 2026.
Prior to the acquisition and disposal mentioned, before the transaction, Purshottam Agarwal and Harish Kumar Agarwal held a combined holding of 34,61,839 shares, representing 3.58% of the total share/voting capital. Shakuntala Devi Gupta had a pre-acquisition holding of 34,61,839 shares, which constituted 8.58% of the total share/voting capital.
Following this acquisition and disposal, Purshottam Agarwal and Harish Kumar Agarwal’s combined holding increased to 38,11,839 shares, representing 3.94% of the total share/voting capital. Shakuntala Devi Gupta's holdings were adjusted subsequent to the transaction.
The transfer was noted as a realignment of shareholding amongst family members and has been stated not to have affected the interests of public shareholders in the Target Company.
GRINFRA Stock Price Movement
As of 11:39 AM, shares of G R Infraprojects Limited shed 1.51%, trading at ₹961.30 after seeing a ₹14.70 decline from the previous close. This movement occurs as the equity trades on a volume of 5,521 shares, hovering near the intraday low of ₹961.00.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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