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G R Infraprojects Limited — Major Shareholding Notification 2026
May 22, 2026
60651_rns_2026-05-22_337ce1e6-693d-4b64-85cb-a60ad9dcc7df.pdf
Major Shareholding Notification
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GRIL®
G R INFRAPROJECTS LIMITED
(Formerly known as G.R. Agarwal Builders and Developers Limited)
CIN: L45201GJ1995PLC098652
22nd May 2026
To
BSE Limited
Phiroze Jeejeebhoy Towers
Dalal Street, Fort
Mumbai – 400001
Scrip Code: 543317
National Stock Exchange of India Limited
Exchange Plaza, Plot No. C-1
G Block, Bandra-Kurla Complex, Bandra(E)
Mumbai -400051
Symbol: GRINFRA
Sub: Disclosure under Regulation 10(5) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (“SEBI SAST Regulations”) – Proposed inter-se transfer of equity shares of promoter group Companies of G R Infraprojects Limited, by way of gift, among the qualifying persons (immediate relatives, Promoter and Promoter Group).
Dear Sir,
Pursuant to Regulation 10(5) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (“SEBI SAST Regulations”), please find enclosed the intimation received from the members of Promoter/Promoter Group of the Company in respect of the proposed acquisition of equity shares of promoter group Companies of G R Infraprojects Limited (“Target Company”) through inter-se transfer of equity shares by way of gift, among the qualifying persons (immediate relatives, Promoter and Promoter Group).
Request you to kindly take the same on record.
Thanking you,
Yours sincerely,
For G R Infraprojects Limited
Sudhir Mutha
Digitally signed by Sudhir Mutha
Date: 2026.05.22
15:50:58 +05'30'
Sudhir Mutha
Company Secretary
ICSI Membership No. ACS18857
Encl: As above
CORPORATE OFFICE :
GR One, Plot No. 7B, Sector-18,
Maruti Industrial Complex,
Gurugram, Haryana – 122015, India
Ph.: +91-124-6435000
HEAD OFFICE :
GR House, Hiran Magri, Sector-11,
Udaipur, Rajasthan-313 002, India
Ph: +91-294-2487370, 2483033
REGISTERED OFFICE :
Revenue Block No. 223,
Old Survey No. 384/1 384/2, Paiki
and 384/3, Khata No. 464, Kochariya
Ahmedabad, Gujarat - 382 220, India
E-mail: [email protected] | Website: www.grinfra.com
IAS-AMZ
ISO 9001:2015
ISO 14001:2015
ISO 45001:2018
Reg. No.: B391/6201
ISO 27001:2022
Reg. No.: B3991/11693
Date: 21st May 2026
To,
The Compliance Officer
G R Infraprojects Limited
Revenue Block No. 223, Old
Survey No. 384/1, 384/2 Paiki
and 384/3, Khata No. 464,
Kochariya, Ahmedabad,
Gujarat-382220, India
The Managing Director
BSE Limited
Phiroze Jeejebhoy Towers,
Dalal Street
Mumbai, 400 001
The Managing Director
National Stock Exchange of India Limited
Exchange Plaza, Plot No. C/1, G
Block, Bandra Kurla Complex,
Bandra (East),
Mumbai, 400 051
Sub: Disclosures under Regulation 10(5) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 - Intimation to Stock Exchanges in respect of proposed acquisition pursuant to inter se transfer amongst qualifying persons (immediate relatives, Promoter and Promoter Group) of equity shares of Promoter Group Companies of G R Infraprojects Limited ("GRIL") by way of gift.
Dear Sir,
Pursuant to Regulation 10(5) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 ("SEBI SAST Regulations"), we hereby submit the requisite intimation with respect to the inter-se transfer of shares of Promoter Group Companies of G R Infraprojects Limited ("GRIL" or "Target Company") as mentioned in the Annexures.
The proposed inter-se transfer of shares are scheduled to be executed on or after 28th May 2026, and accordingly, this intimation is being provided at least four working days prior to the proposed date of execution in compliance with the regulatory requirement.
The transfer would be amongst the qualifying persons (immediate relatives, Promoter and Promoter Group) and there will not be any change in the Voting Rights or Control over the GRIL / Target Company (as per the Regulation 3 read with 5 of SEBI SAST Regulations). Hence, their aggregate shareholding and voting rights in the GRIL / Target Company shall remain unchanged.
Please note the proposed inter-se transfer is a part of realignment of the shareholding amongst family members and therefore, will not affect the interests of the public shareholders of the Target Company.
You're requested to take the disclosure for record and dissemination purpose.

Ajendra Agarwal
Acquirer
Date: 21.05.2026
Place: Gurugram

Pankaj Agarwal
Acquirer
Date: 21.05.2026
Place: Gurugram

Vikas Agarwal
Acquirer
Date: 21.05.2026
Place: Gurugram
Format for Disclosures under Regulation 10(5) – Intimation to Stock Exchanges in respect of acquisition under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
| 1. | Name of the Target Company (TC) | G R Infraprojects Limited | |
|---|---|---|---|
| 2. | Name of the acquirer(s) | 1. Mr. Ajendra Agarwal | |
| 2. Mr. Pankaj Agarwal | |||
| 3. Mr. Vikas Agarwal | |||
| 3. | Whether the acquirer(s) is/are promoters of the TC prior to the transaction. If not, nature of relationship or association with the TC or its promoters | The acquirers are members of Promoter & Promoter Group of the TC prior to the transaction. | |
| 4. | Details of the proposed acquisition | ||
| a. | Name of the person(s) from whom shares are to be acquired | As per Annexure - A | |
| b. | Proposed date of acquisition | On or after 28^{th} May 2026, i.e. at least four working days after the date of this intimation. | |
| c. | Number of shares to be acquired from each person mentioned in 4(a) above | As per Annexure - A | |
| d. | Total shares to be acquired as % of share capital of TC | Not Applicable, as no direct acquisition of share capital of TC is contemplated. | |
| e. | Price at which shares are proposed to be acquired | Nil, Shares are being transferred without consideration by way of gift. | |
| f. | Rationale, if any, for the proposed transfer | Proposed inter-se transfer is a part of realignment of the shareholding amongst family members (immediate relatives, Promoter and Promoter Group) | |
| 5. | Relevant sub-clause of regulation 10(1)(a) under which the acquirer is exempted from making open offer | Not Applicable | |
| 6. | If, frequently traded, volume weighted average market price for a period of 60 trading days preceding the date of issuance of this notice as traded on the stock exchange where the maximum volume of trading in the shares of the TC are recorded during such period. | Rs. 911.36 | |
| 7. | If in-frequently traded, the price as determined in terms of clause (e) of sub-regulation (2) of regulation 8. | Not Applicable | |
| 8. | Declaration by the acquirer, that the acquisition price would not be higher by more than 25% of the price computed in point 6 or point 7 as applicable. | Not Applicable, since the transfer is without consideration, by way of gift. |
| 9. | Declaration by the acquirer, that the transferor and transferee have complied / will comply with applicable disclosure requirements in Chapter V of the Takeover Regulations, 2011 (corresponding provisions of the repealed Takeover Regulations 1997)
ii. The aforesaid disclosures made during previous 3 years prior to the date of proposed acquisition to be furnished. | | We, the acquirers declare that the transferors and transferees have complied with/will comply with the applicable disclosure requirements in Chapter V of the Takeover Regulations, 2011.
The disclosures made during previous 3 years prior to the date of proposed acquisition are enclosed as Annexure - B. | | |
| --- | --- | --- | --- | --- | --- |
| 10. | Declaration by the acquirer that all the conditions specified under regulation 10(1)(a) with respect to exemptions has been duly complied with. | | Not Applicable | | |
| 11. | Shareholding details | Before the proposed transaction | | After the proposed transaction | |
| | | | No. of shares /voting rights | % w.r.t total share capital of TC | No. of shares / voting rights % w.r.t total share capital of TC |
| | a | Acquirer(s) and PACs (other than sellers) (*)# | | | |
| | i. | Mr. Ajendra Agarwal | 50,23,813 | 5.19 | 50,23,813 |
| | ii. | Mr. Pankaj Agarwal | 0 | 0 | 0 |
| | iii. | Mr. Vikas Agarwal | 0 | 0 | 0 |
| | | Total | 50,23,813 | 5.19 | 50,23,813 |
| | | Person Acting in Concert (Other than sellers)# | | | |
| | iv. | Mr. Harish Kumar Agarwal | 34,61,839 | 3.58 | 34,61,839 |
| | v. | Mrs. Laxmi Devi Agarwal | 20,95,327 | 2.17 | 20,95,327 |
| | vi. | Mrs. Lalita Agarwal | 9,34,448 | 0.97 | 9,34,448 |
| | vii. | Mrs. Sangeeta Agarwal | 24,96,422 | 2.58 | 24,96,422 |
| | viii. | Mrs. Kiran Agarwal | 24,96,422 | 2.58 | 24,96,422 |
| | ix. | Mrs. Ritu Agarwal | 10,10,448 | 1.04 | 10,10,448 |
| | x. | Mrs. Suman Agarwal | 59,58,260 | 6.16 | 59,58,260 |
| | xi. | Mr. Manish Gupta | 5,49,132 | 0.57 | 5,49,132 |
| | xii. | Mr. Aditya Fatepuria | 480 | 0.00 | 480 |
| | xiii. | Mrs. Shakuntala Devi Gupta | 21,00,000 | 2.17 | 21,00,000 |
| | xiv. | Lokesh Builders Private Limited | 3,07,73,432 | 31.80 | 3,07,73,432 |
| | xv. | Jasamrit Premises Private Limited | 6,73,000 | 0.70 | 6,73,000 |
| | xvi. | Jasamrit Construction Private Limited | 7,56,000 | 0.78 | 7,56,000 |
| xvii. | Jasamrit Designers Private Limited | 8,00,000 | 0.83 | 8,00,000 | 0.83 | |
|---|---|---|---|---|---|---|
| xviii. | Jasamrit Fashions Private Limited | 7,20,000 | 0.74 | 7,20,000 | 0.74 | |
| xix. | Jasamrit Creations Private Limited | 9,44,000 | 0.98 | 9,44,000 | 0.98 | |
| Total | 5,57,69,210 | 57.65 | 5,57,69,210 | 57.65 | ||
| b | Seller(s)# | |||||
| i. | Devki Nandan Agarwal | 3,062,933 | 3.17 | 3,062,933 | 3.17 | |
| ii. | Vinod Kumar Agarwal | 0 | 0 | 0 | 0 | |
| iii. | Mahendra Agarwal | 4,947,813 | 5.11 | 4,947,813 | 5.11 | |
| iv. | Ajendra Agarwal | 5,023,813 | 5.19 | 5,023,813 | 5.19 | |
| v. | Purshottam Agarwal | 3,461,839 | 3.58 | 3,461,839 | 3.58 | |
| Total | 1,64,96,398 | 17.05 | 1,64,96,398 | 17.05 |
Note A:
There is no impact on the shareholding of GRIL due to the proposed transfers mentioned in this Intimation.
Note B:
(*) Shareholding of each entity may be shown separately and then collectively in a group.
The above disclosure shall be signed by the acquirer mentioning date & place. In case, there is more than one acquirer, the report shall be signed either by all the persons or by a person duly authorized to do so on behalf of all the acquirers.

Ajendra Agarwal
Acquirer
Date: 21.05.2026
Place: Gurugram

Pankaj Agarwal
Acquirer
Date: 21.05.2026
Place: Gurugram

Vikas Agarwal
Acquirer
Date: 21.05.2026
Place: Gurugram
ANNEXURE A – Details of inter-se transfer of shares of promoter group Companies of GRIL
- Inter-se transfer of equity shares in Jasamrit Designers Private Limited amongst qualifying persons (immediate relatives, Promoter and Promoter Group).
Note 1.1: Impact on equity shareholding of GRIL - Nil
| Name of the Company whose equity shares are proposed to be transferred | No. of equity shares held in TC | % equity holding in TC | |
|---|---|---|---|
| Pre | Post | ||
| Jasamrit Designers Private Limited | 8,00,000 | 0.83 | 0.83 |
Note 1.2: Proposed transfer of equity shares of Jasamrit Designers Private Limited:
| Name of the Transferor | Name of the Transferee | No. of Equity Shares | % of shareholding of the Promoter Group Company' proposed to be transferred | Relation |
|---|---|---|---|---|
| Vinod Kumar Agarwal | Pankaj Agarwal | 10 | 0.10 | Promoter Group |
| Mahendra Agarwal | Pankaj Agarwal | 200 | 2.00 | Promoter Group |
| Ajendra Agarwal | Pankaj Agarwal | 200 | 2.00 | Promoter Group |
| Purshottam Agarwal | Pankaj Agarwal | 900 | 9.00 | Promoter Group |
| Devki Nandan Agarwal | Pankaj Agarwal | 3,090 | 30.90 | Immediate Relative (Son) |
| Devki Nandan Agarwal | Vikas Agarwal | 4,400 | 44.00 | Immediate Relative (Son) |
Note 1.3: Shareholding pattern of Jasamrit Designers Private Limited pre and post the proposed transfer.
| Shareholder | Pre-Transfer | Post Transfer | ||
|---|---|---|---|---|
| Shares Held | % | Shares Held | % | |
| Devki Nandan Agarwal | 7490 | 74.90 | 0 | 0.00 |
| Pankaj Agarwal | 600 | 6.00 | 5,000 | 50.00 |
| Vikas Agarwal | 600 | 6.00 | 5,000 | 50.00 |
| Vinod Kumar Agarwal | 10 | 0.10 | 0 | 0.00 |
| Mahendra Agarwal | 200 | 2.00 | 0 | 0.00 |
| Ajendra Agarwal | 200 | 2.00 | 0 | 0.00 |
| Purshottam Agarwal | 900 | 9.00 | 0 | 0.00 |
| Total | 10,000 | 100.00 | 10,000 | 100.00 |
- Inter-se transfer of equity shares in Jasamrit Construction Private Limited amongst qualifying persons (immediate relatives).
Note 2.1: Impact on equity shareholding of GRIL - Nil
| Name of the Company whose equity shares are proposed to be transferred | No. of equity shares held in TC | % equity holding in TC | |
|---|---|---|---|
| Pre | Post | ||
| Jasamrit Construction Private Limited | 7,56,000 | 0.78 | 0.78 |
Note 2.2: Proposed transfer of equity shares of Jasamrit Construction Private Limited:
| Name of the Transferor | Name of the Transferee | No. of Equity Shares | % of shareholding of the Promoter Group Company' proposed to be transferred | Relation |
|---|---|---|---|---|
| Devki Nandan Agarwal | Ajendra Agarwal | 133 | 1.33 | Immediate Relative (Brother) |
Note 2.3: Shareholding pattern of Jasamrit Construction Private Limited pre and post the proposed transfer:
| Shareholder | Pre-Transfer | Post Transfer | ||
|---|---|---|---|---|
| Shares Held | % | Shares Held | % | |
| Devki Nandan Agarwal | 133 | 1.33 | 0 | 0.00 |
| Pankaj Agarwal | 767 | 7.67 | 767 | 7.67 |
| Vikas Agarwal | 900 | 9.00 | 900 | 9.00 |
| Vinod Kumar Agarwal | 767 | 7.67 | 767 | 7.67 |
| Suman Agarwal | 900 | 9.00 | 900 | 9.00 |
| Mahendra Agarwal | 900 | 9.00 | 900 | 9.00 |
| Ritu Agarwal | 567 | 5.67 | 567 | 5.67 |
| Lokesh Agarwal | 200 | 2.00 | 200 | 2.00 |
| Ajendra Agarwal | 1,333 | 13.33 | 1,466 | 14.66 |
| Lalita Agarwal | 200 | 2.00 | 200 | 2.00 |
| Purshottam Agarwal | 1,667 | 16.67 | 1,667 | 16.67 |
| Harish Kumar Agarwal | 1,666 | 16.66 | 1,666 | 16.66 |
| Total | 10,000 | 100 | 10,000 | 100 |
Annexure-B
Date: 31st March 2026
To,
The Compliance Officer
G R Infraprojects Limited
Revenue Block No. 223, Old
Survey No. 384/1, 384/2 Paiki
and 384/3, Khata No. 464,
Kochariya, Ahmedabad,
Gujarat-382220
The Managing Director
BSE Limited
Phiroze Jeejebhoy Towers,
Dalal Street
Mumbai, 400 001
The Managing Director
National Stock Exchange of India Limited
Exchange Plaza, Plot No. C/1,
G Block, Bandra Kurla Complex,
Bandra (East), Mumbai, 400 051
Sub: Disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Dear Sir,
With reference to the subject cited above, please find enclosed herewith disclosure under Regulation 29(1) read with Regulation 29(3) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 w.r.t change (acquisition) in shareholding of G R Infraprojects Limited (“Target Company” or “TC”) by way of inter-se transfer amongst the qualifying persons (immediate relatives) on 27th March 2026 & 30th March 2026.
No additional voting rights have been acquired by the Promoter and Promoter Group, as a whole, hence, their aggregate shareholding and voting rights (pre and post) in the Target Company have remained unchanged.
Please note that the inter-se transfer is a part of realignment of the shareholding amongst family members and therefore, has not affected the interests of the public shareholders of the Target Company.
This letter is intended for the information and records of the Target Company and the Stock Exchanges.
Thanking You,
Yours sincerely,

Laxmi Devi Agarwal
Acquirer
Date: 31.03.2026
Place: Udaipur
Suman Agarwal
Acquirer
Date: 31.03.2026
Place: Gurugram
Ritu Agarwal
Acquirer
Date: 31.03.2026
Place: Gurugram
Kiran Agarwal
Acquirer
Date: 31.03.2026
Place: Jodhpur
Disclosures under Regulation 29(1) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulation, 2011
| Name of the Target Company (TC) | G R Infraprojects Limited (the "Company") | ||
|---|---|---|---|
| Name(s) of the acquirer and person acting in concert (PAC) with the acquirer | Acquirers | ||
| Mrs. Laxmi Devi Agarwal | |||
| Mrs. Suman Agarwal | |||
| Mrs. Ritu Agarwal | |||
| Mrs. Kiran Agarwal | |||
| Mrs. Sangeeta Agarwal | |||
| PACs | |||
| Mr. Devki Nandan Agarwal | |||
| Mr. Harish Kumar Agarwal | |||
| Mr. Mahendra Agarwal | |||
| Mr. Purshottam Agarwal | |||
| Mrs. Lalita Agarwal | |||
| Mr. Vinod Kumar Agarwal | |||
| Mr. Pankaj Agarwal | |||
| Mr. Vikas Agarwal | |||
| Mrs. Puja Agarwal | |||
| Mr. Manish Gupta | |||
| Mr. Ajendra Agarwal | |||
| Mr. Aditya Fatepuria | |||
| Mrs. Rupal Agarwal | |||
| Mr. Lokesh Agarwal | |||
| Mrs. Shakuntala Devi Gupta | |||
| Lokesh Builders Private Limited | |||
| Jasamrit Premises Private Limited | |||
| Jasamrit Construction Private Limited | |||
| Jasamrit Designers Private Limited | |||
| Jasamrit Fashions Private Limited | |||
| Jasamrit Creations Private Limited | |||
| Whether the acquirer belongs to Promoter/Promoter group | Yes, the acquirers belong to promoter group of the TC | ||
| Name(s) of the Stock Exchange(s) where the shares of TC are Listed | BSE Limited and National Stock Exchange of India Limited | ||
| Details of the acquisition as follows | Number | % w.r.t. total share/voting capital wherever applicable (*) | % w.r.t. total diluted share/voting capital of the TC (**) |
| Before the acquisition/disposal under consideration, holding of acquirer along with PACs of: | |||
| a) Shares carrying voting rights | |||
| Acquirers | |||
| i. Laxmi Devi Agarwal | 6,85,012 | 0.71 | 0.71 |
| ii. Suman Agarwal | 10,46,448 | 1.08 | 1.08 |
| iii. Ritu Agarwal | 9,94,448 | 1.03 | 1.03 |
| iv. Kiran Agarwal | 11,11,765 | 1.15 | 1.15 |
| v. Sangeeta Agarwal | 13,71,813 | 1.42 | 1.42 |
| PACs | |||
| i. Devki Nandan Agarwal | 39,45,248 | 4.08 | 4.08 |
| ii. Harish Kumar Agarwal | 45,86,448 | 4.74 | 4.74 |
| iii. Mahendra Agarwal | 49,47,813 | 5.11 | 5.11 |
| iv. Purshottam Agarwal | 48,46,496 | 5.01 | 5.01 |
| v. Lalita Agarwal | 9,34,448 | 0.97 | 0.97 |
| vi. Vinod Kumar Agarwal | 49,11,812 | 5.08 | 5.08 |
| vii. Pankaj Agarwal | 2,00,000 | 0.21 | 0.21 |
| viii. Vikas Agarwal | 2,10,000 | 0.22 | 0.22 |
| ix: | Puja Agarwal | 76,000 | 0.08 | 0.08 |
|---|---|---|---|---|
| x: | Manish Gupta | 5,49,132 | 0.57 | 0.57 |
| xi: | Ajendra Agarwal | 50,23,813 | 5.19 | 5.19 |
| xii: | Aditya Fatepuria | 480 | 0.00 | 0.00 |
| xiii: | Rupal Agarwal | 42,000 | 0.04 | 0.04 |
| xiv: | Lokesh Agarwal | 16,000 | 0.02 | 0.02 |
| xv: | Shakuntala Devi Gupta | 21,00,000 | 2.17 | 2.17 |
| xvi: | Lokesh Builders Private Limited | 3,07,73,432 | 31.80 | 31.80 |
| xvii: | Jasamrit Premises Private Limited | 6,73,000 | 0.70 | 0.70 |
| xviii: | Jasamrit Construction Private Limited | 7,56,000 | 0.78 | 0.78 |
| xix: | Jasamrit Designers Private Limited | 8,00,000 | 0.83 | 0.83 |
| xx: | Jasamrit Fashions Private Limited | 7,20,000 | 0.74 | 0.74 |
| xxi: | Jasamrit Creations Private Limited | 9,44,000 | 0.98 | 0.98 |
| b) | Shares in the nature if encumbrance (pledge/lien/non-disposal undertaking/others) | - | - | - |
| c) | Voting rights (VR) otherwise than by shares | - | - | - |
| d) | Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) | - | - | - |
| Total (a+b+c+d) | 7,22,65,608 | 74.69 | 74.69 | |
| Details of acquisition: | ||||
| a) | Shares carrying voting rights acquired | |||
| i. Laxmi Devi Agarwal | 14,10,315 | 1.46 | 1.46 | |
| ii. Suman Agarwal | 49,11,812 | 5.08 | 5.08 | |
| iii. Ritu Agarwal | 16,000 | 0.02 | 0.02 | |
| iv. Kiran Agarwal | 13,84,657 | 1.43 | 1.43 | |
| v. Sangeeta Agarwal | 11,24,609 | 1.16 | 1.16 | |
| b) | VRs sold otherwise than by shares | - | - | - |
| c) | Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) acquired/sold | - | - | - |
| d) | Shares encumbered / invoked / released by the acquirer | - | - | - |
| e) | Total (a+b+c+d) | 88,47,393 | 9.15 | 9.15 |
| After the acquisition, holding of acquirer along with PACs of: | ||||
| --- | --- | --- | --- | |
| a) | Shares carrying voting rights | |||
| Acquirers | ||||
| i. | Laxmi Devi Agarwal | 20,95,327 | 2.17 | |
| ii. | Suman Agarwal | 59,58,260 | 6.16 | |
| iii. | Ritu Agarwal | 10,10,448 | 1.04 | |
| iv. | Kiran Agarwal | 24,96,422 | 2.58 | |
| v. | Sangeeta Agarwal | 24,96,422 | 2.58 | |
| PACs | ||||
| i. | Devki Nandan Agarwal | 30,62,933 | 3.17 | |
| ii. | Harish Kumar Agarwal | 34,61,839 | 3.58 | |
| iii. | Mahendra Agarwal | 49,47,813 | 5.11 | |
| iv. | Purshottam Agarwal | 34,61,839 | 3.58 | |
| v. | Lalita Agarwal | 9,34,448 | 0.97 | |
| vi. | Vinod Kumar Agarwal | - | - | |
| vii. | Pankaj Agarwal | - | - | |
| viii. | Vikas Agarwal | - | - | |
| ix. | Puja Agarwal | - | - | |
| x. | Manish Gupta | 5,49,132 | 0.57 | |
| xi. | Ajendra Agarwal | 50,23,813 | 5.19 | |
| xii. | Aditya Fatepuria | 480 | 0.00 | |
| xiii. | Rupal Agarwal | - | - |
| xiv. Lokesh Agarwal
xv. Shakuntala Devi Gupta
xvi. Lokesh Builders Private Limited
xvii. Jasamrit Premises Private Limited
xviii. Jasamrit Construction Private Limited
xix. Jasamrit Designers Private Limited
xx. Jasamrit Fashions Private Limited
xxi. Jasamrit Creations Private Limited | -
21,00,000
3,07,73,432
6,73,000
7,56,000
8,00,000
7,20,000
9,44,000 | -
2.17
31.80
0.70
0.78
0.83
0.74
0.98 | -
2.17
31.80
0.70
0.78
0.83
0.74
0.98 |
| --- | --- | --- | --- |
| b) Shares encumbered with the acquirer | - | - | - |
| c) VRs otherwise than by shares | - | - | - |
| d) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) after acquisition | - | - | - |
| e) Total (a+b+c+d) | 7,22,65,608 | 74.69 | 74.69 |
| Mode of acquisition (e.g open market / off-market / public issue / right issue / preferential allotment / inter - se transfer etc). | Inter-se Transfer | | |
| Salient features of the securities acquired including time till redemption, ratio at which it can be converted into equity shares, etc. | Not applicable | | |
| Date of acquisition of / date of receipt of intimation of allotment of shares / VR/warrants/convertible securities/any other instrument that entitles the acquirer to receive shares in the TC. | As per Annexure A | | |
| Equity share capital / total voting capital of the TC before the said acquisition | Number of Shares: 9,67,60,529
Amount (in Rs.): 48,38,02,645
(Face Value of Rs. 5/- per equity share) | | |
| Equity share capital / total voting capital of the TC after the said acquisition | Number of Shares: 9,67,60,529
Amount (in Rs.): 48,38,02,645
(Face Value of Rs. 5/- per equity share) | | |
| Total diluted share/voting Capital of the TC after said acquisition** | Number of Shares: 9,67,60,529
Amount (in Rs.): 48,38,02,645
(Face Value of Rs. 5/- per equity share) | | |

Laxmi Devi Agarwal
Acquirer
Date: 31.03.2026
Place: Udaipur
Suman Agarwal
Acquirer
Date: 31.03.2026
Place: Gurugram
Ritu Agarwal
Acquirer
Date: 31.03.2026
Place: Gurugram
Kiran Agarwal
Acquirer
Date: 31.03.2026
Place: Jodhpur
Annexure A
| S.No. | Acquirer | Transferor/ Seller | No. of shares acquired | % of shares Acquired | Date of Acquisition |
|---|---|---|---|---|---|
| 1 | Mrs. Laxmi Devi Agarwal | Mr. Devki Nandan Agarwal | 882,315 | 0.91 | 27.03.2026 |
| Mr. Pankaj Agarwal | 200,000 | 0.21 | 27.03.2026 | ||
| Mrs. Puja Agarwal | 76,000 | 0.08 | 30.03.2026 | ||
| Mr. Vikas Agarwal | 210,000 | 0.22 | 27.03.2026 | ||
| Mrs. Rupal Agarwal | 42,000 | 0.04 | 27.03.2026 | ||
| 2 | Mrs. Suman Agarwal | Mr. Vinod Kumar Agarwal | 49,11,812 | 5.08 | 27.03.2026 |
| 3 | Mrs. Ritu Agarwal | Mr. Lokesh Agarwal | 16,000 | 0.02 | 27.03.2026 |
| 4 | Mrs. Kiran Agarwal | Mr. Purshottam Agarwal | 1,384,657 | 1.43 | 27.03.2026 |
| 5 | Mrs. Sangeeta Agarwal | Mr. Harish Kumar Agarwal | 1,124,609 | 1.16 | 27.03.2026 |
| Total | 88,47,393 | 9.15 |
Date: 31st March 2026
To,
The Compliance Officer
G R Infraprojects Limited
Revenue Block No. 223, Old
Survey No. 384/1, 384/2 Paiki and
384/3, Khata No. 464, Kochariya,
Ahmedabad, Gujarat-382220
The Managing Director
National Stock Exchange of India Limited
Exchange Plaza, Plot No. C/1,
G Block, Bandra Kurla Complex,
Bandra (East), Mumbai, 400 051
Sub: Disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Dear Sir,
With reference to the subject cited above, please find enclosed herewith disclosure under Regulation 29(2) read with Regulation 29(3) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 w.r.t. change (acquisition and disposal) in shareholding of G R Infraprojects Limited (“Target Company” or “TC”) by way of inter-se transfer amongst the qualifying persons (immediate relatives) on 27th March 2026 & 30th March 2026.
No additional voting rights have been acquired by the Promoter and Promoter Group, as a whole, hence, their aggregate shareholding and voting rights (pre and post) in the Target Company have remained unchanged.
Please note that this inter-se transfer is a part of realignment of the shareholding amongst family members and therefore, has not affected the interests of the public shareholders of the Target Company.
This letter is intended for the information and records of the Target Company and the Stock Exchanges.
Thanking You,
| Laxmi Devi Agarwal
Acquirer
Date:31.03.2026
Place: Udaipur | अनन्त दत्त | Devki Nandan Agarwal
Seller
Date:31.03.2026
Place: Udaipur | उत्तम दत्त |
| --- | --- | --- | --- |
| Suman Agarwal
Acquirer
Date:31.03.2026
Place: Gurugram | Suman Agarwal | Pankaj Agarwal
Seller
Date:31.03.2026
Place: Gurugram | Pankaj Agarwal |
| Ritu Agarwal
Acquirer
Date:31.03.2026
Place: Gurugram | राम दत्त | Puja Agarwal
Seller
Date:31.03.2026
Place: Gurugram | Puja Agarwal |
| Kiran Agarwal
Acquirer
Date:31.03.2026
Place: Gurugram | Kiran Agarwal | Vikas Agarwal
Seller
Date:31.03.2026
Place: Gurugram | Vikas Agarwal |
| Lokesh Agarwal
Seller
Date:31.03.2026
Place: Gurugram | Lokesh Agarwal | Rupal Agarwal
Seller
Date:31.03.2026
Place: Gurugram | Rupal Agarwal |
| Vinod Kumar Agarwal
Seller
Date:31.03.2026
Place: Gurugram | Vinod Kumar | Purshottam Agarwal
Seller
Date:31.03.2026
Place: Gurugram | Purshottam Agarwal |
| Harish Kumar Agarwal
Seller
Date:31.03.2026
Place: Jodhpur | Harish Agarwal | Sangeeta Agarwal
Acquirer
Date:31.03.2026
Place: Jodhpur | Sangeeta Agarwal |
Disclosures under Regulation 29(2) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulation, 2011
| Name of the Target Company (TC) | G R Infraprojects Limited (the "Company") | ||
|---|---|---|---|
| Name(s) of the acquirer and person acting in concert (PAC) with the acquirer | Acquirers | ||
| Mrs. Laxmi Devi Agarwal | |||
| Mrs. Suman Agarwal | |||
| Mrs. Ritu Agarwal | |||
| Mrs. Kiran Agarwal | |||
| Mrs. Sangeeta Agarwal | |||
| PACs | |||
| Mr. Devki Nandan Agarwal | |||
| Mr. Harish Kumar Agarwal | |||
| Mr. Mahendra Agarwal | |||
| Mr. Purshottam Agarwal | |||
| Mrs. Lalita Agarwal | |||
| Mr. Vinod Kumar Agarwal | |||
| Mr. Pankaj Agarwal | |||
| Mr. Vikas Agarwal | |||
| Mrs. Puja Agarwal | |||
| Mr. Manish Gupta | |||
| Mr. Ajendra Agarwal | |||
| Mr. Aditya Fatepuria | |||
| Mrs. Rupal Agarwal | |||
| Mr. Lokesh Agarwal | |||
| Mrs. Shakunlata Devi Gupta | |||
| Lokesh Builders Private Limited | |||
| Jasamrit Premises Private Limited | |||
| Jasamrit Construction Private Limited | |||
| Jasamrit Designers Private Limited | |||
| Jasamrit Fashions Private Limited | |||
| Jasamrit Creations Private Limited | |||
| Whether the acquirer belongs to Promoter/Promoter group | Yes, the acquirers belong to promoter group of the TC | ||
| Name(s) of the Stock Exchange(s) where the shares of TC are Listed | National Stock Exchange of India Limited and BSE Limited | ||
| Details of the acquisition/ disposal as follows | Number | % w.r.t. total share/voting capital wherever applicable (*) | % w.r.t. total diluted share/voting capital of the TC (**) |
| Before the acquisition/disposal under consideration, holding of: | |||
| a) Shares carrying voting rights | |||
| i. Devki Nandan Agarwal | 39,45,248 | 4.08 | 4.08 |
| ii. Pankaj Agarwal | 2,00,000 | 0.21 | 0.21 |
| iii. Puja Agarwal | 76,000 | 0.08 | 0.08 |
| iv. Vikas Agarwal | 2,10,000 | 0.22 | 0.22 |
| v. Rupal Agarwal | 42,000 | 0.04 | 0.04 |
| vi. Vinod Kumar Agarwal | 49,11,812 | 5.08 | 5.08 |
| vii. Lokesh Agarwal | 16,000 | 0.02 | 0.02 |
| viii. Purshottam Agarwal | 48,46,496 | 5.01 | 5.01 |
| ix. Harish Kumar Agarwal | 45,86,448 | 4.74 | 4.74 |
| x. Laxmi Devi Agarwal | 6,85,012 | 0.71 | 0.71 |
| xi. Suman Agarwal | 10,46,448 | 1.08 | 1.08 |
| xii. Ritu Agarwal | 9,94,448 | 1.03 | 1.03 |
| xiii. Kiran Agarwal | 11,11,765 | 1.15 | 1.15 |
| xiv. Sangeeta Agarwal | 13,71,813 | 1.42 | 1.42 |
| b) Shares in the nature if encumbrance (pledge/lien/non-disposal undertaking/others | - | - | - |
|---|---|---|---|
| c) Voting rights (VR) otherwise than by shares | - | - | - |
| d) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) | - | - | - |
| Total (a+b+c+d) | 2,40,43,490 | 24.87 | 24.87 |
| Details of acquisition: | |||
| a) Shares carrying voting rights acquired | |||
| i. Laxmi Devi Agarwal | 14,10,315 | 1.46 | 1.46 |
| ii. Suman Agarwal | 49,11,812 | 5.08 | 5.08 |
| iii. Ritu Agarwal | 16,000 | 0.02 | 0.02 |
| iv. Kiran Agarwal | 13,84,657 | 1.43 | 1.43 |
| v. Sangeeta Agarwal | 11,24,609 | 1.16 | 1.16 |
| b) VRs sold otherwise than by shares | - | - | - |
| c) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) acquired/sold | - | - | - |
| d) Shares encumbered / invoked / released by the acquirer | - | - | - |
| e) Total (a+b+c+d) | 88,47,393 | 9.15 | 9.15 |
| Details of disposal: | |||
| --- | --- | --- | --- |
| Shares carrying voting rights acquired | |||
| i. Devki Nandan Agarwal | 8,82,315 | 0.91 | 0.91 |
| ii. Pankaj Agarwal | 2,00,000 | 0.21 | 0.21 |
| iii. Puja Agarwal | 76,000 | 0.08 | 0.08 |
| iv. Vikas Agarwal | 2,10,000 | 0.22 | 0.22 |
| v. Rupal Agarwal | 42,000 | 0.04 | 0.04 |
| vi. Vinod Kumar Agarwal | 49,11,812 | 5.08 | 5.08 |
| vii. Lokesh Agarwal | 16,000 | 0.02 | 0.02 |
| viii. Purshottam Agarwal | 13,84,657 | 1.43 | 1.43 |
| ix. Harish Kumar Agarwal | 11,24,609 | 1.16 | 1.16 |
| VRs sold otherwise than by shares | - | - | - |
| Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) acquired/sold | - | - | - |
| Shares encumbered / invoked / released by the acquirer | - | - | - |
| Total (a+b+c+d) | 88,47,393 | 9.15 | 9.15 |
| After the acquisition, holding of: | |||
| a) Shares carrying voting rights | |||
| i. Devki Nandan Agarwal | 30,62,933 | 3.17 | 3.17 |
| ii. Pankaj Agarwal | - | - | - |
| iii. Puja Agarwal | - | - | - |
| iv. Vikas Agarwal | - | - | - |
| v. Rupal Agarwal | - | - | - |
| vi. Vinod Kumar Agarwal | - | - | - |
| vii. Lokesh Agarwal | - | - | - |
|---|---|---|---|
| viii. Purshottam Agarwal | 34,61,839 | 3.58 | 3.58 |
| ix. Harish Kumar Agarwal | 34,61,839 | 3.58 | 3.58 |
| x. Laxmi Devi Agarwal | 20,95,327 | 2.17 | 2.17 |
| xi. Suman Agarwal | 59,58,260 | 6.16 | 6.16 |
| xii. Ritu Agarwal | 10,10,448 | 1.04 | 1.04 |
| xiii. Kiran Agarwal | 24,96,422 | 2.58 | 2.58 |
| xiv. Sangeeta Agarwal | 24,96,422 | 2.58 | 2.58 |
| a) Shares encumbered with the acquirer | - | - | - |
| b) VRs otherwise than by shares | - | - | - |
| c) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) after acquisition | - | - | - |
| d) Total (a+b+c+d) | 2,40,43,490 | 24.87 | 24.87 |
| Mode of acquisition (e.g open market / off-market / public issue / right issue / preferential allotment / inter - se transfer etc). | Inter-se Transfer | ||
| Date of acquisition of shares | As per Annexure A | ||
| Equity share capital / total voting capital of the TC before the said acquisition* | Number of Shares : 9,67,60,529 | ||
| Amount (in Rs.): 48,38,02,645 | |||
| (Face Value of Rs. 5/- per equity share) | |||
| Equity share capital / total voting capital of the TC after the said acquisition * | Number of Shares : 9,67,60,529 | ||
| Amount (in Rs.): 48,38,02,645 | |||
| (Face Value of Rs. 5/- per equity share) | |||
| Total diluted share/voting Capital of the TC after said acquisition** | Number of Shares : 9,67,60,529 | ||
| Amount (in Rs.): 48,38,02,645 | |||
| (Face Value of Rs. 5/- per equity share) |
(*) Total share capital / voting capital is as per the latest filing done by the Target Company to the Stock Exchange i.e. shareholding pattern filed by the Target Company for the quarter ended 31st December 2025.
(**) Diluted share/voting capital means the total number of shares in the Target Company assuming full conversion of the outstanding convertible securities/warrants into equity shares of the Target Company.
Annexure A
| S.No. | Acquirer | Transferor/ Seller | No. of shares acquired | % of shares Acquired | Date of Acquisition |
|---|---|---|---|---|---|
| 1 | Mrs. Laxmi Devi Agarwal | Mr. Devki Nandan Agarwal | 882,315 | 0.91 | 27.03.2026 |
| Mr. Pankaj Agarwal | 200,000 | 0.21 | 27.03.2026 | ||
| Mrs. Puja Agarwal | 76,000 | 0.08 | 30.03.2026 | ||
| Mr. Vikas Agarwal | 210,000 | 0.22 | 27.03.2026 | ||
| Mrs. Rupal Agarwal | 42,000 | 0.04 | 27.03.2026 | ||
| 2 | Mrs. Suman Agarwal | Mr. Vinod Kumar Agarwal | 49,11,812 | 5.08 | 27.03.2026 |
| 3 | Mrs. Ritu Agarwal | Mr. Lokesh Agarwal | 16,000 | 0.02 | 27.03.2026 |
| 4 | Mrs. Kiran Agarwal | Mr. Purshottam Agarwal | 1,384,657 | 1.43 | 27.03.2026 |
| 5 | Mrs. Sangeeta Agarwal | Mr. Harish Kumar Agarwal | 1,124,609 | 1.16 | 27.03.2026 |
| Total | 88,47,393 | 9.15 | |||
| Laxmi Devi Agarwal | |||||
| Acquirer | |||||
| Date:31.03.2026 | |||||
| Place: Udaipur | Laxmi Devi Agarwal | Devki Nandan Agarwal | |||
| Seller | |||||
| Date:31.03.2026 | |||||
| Place: Udaipur | Devki Nandan Agarwal | ||||
| --- | --- | --- | --- | ||
| Suman Agarwal | |||||
| Acquirer | |||||
| Date:31.03.2026 | |||||
| Place: Gurugram | Suman Agarwal | Pankaj Agarwal | |||
| Seller | |||||
| Date:31.03.2026 | |||||
| Place: Gurugram | Pankaj Agarwal | ||||
| Ritu Agarwal | |||||
| Acquirer | |||||
| Date:31.03.2026 | |||||
| Place: Gurugram | Ritu Agarwal | Puja Agarwal | |||
| Seller | |||||
| Date:31.03.2026 | |||||
| Place: Gurugram | Puja Agarwal | ||||
| Kiran Agarwal | |||||
| Acquirer | |||||
| Date:31.03.2026 | |||||
| Place: Gurugram | Kiran Agarwal | Vikas Agarwal | |||
| Seller | |||||
| Date:31.03.2026 | |||||
| Place: Gurugram | Vikas Agarwal | ||||
| Lokesh Agarwal | |||||
| Seller | |||||
| Date:31.03.2026 | |||||
| Place: Gurugram | Lokesh Agarwal | Rupal Agarwal | |||
| Seller | |||||
| Date:31.03.2026 | |||||
| Place: Gurugram | Rupal Agarwal | ||||
| Vinod Kumar Agarwal | |||||
| Seller | |||||
| Date:31.03.2026 | |||||
| Place: Gurugram | Vinod Kumar | Purshottam Agarwal | |||
| Seller | |||||
| Date:31.03.2026 | |||||
| Place: Gurugram | Purshottam Agarwal | ||||
| Harish Kumar Agarwal | |||||
| Seller | |||||
| Date:31.03.2026 | |||||
| Place: Jodhpur | Harish Agarwal | Sangeeta Agarwal | |||
| Acquirer | |||||
| Date:31.03.2026 | |||||
| Place: Jodhpur | Sangeeta Agarwal |
Date: 01st October 2025
To,
Sub: Disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations,2011.
Dear Sir,
With reference to the subject cited above, please find enclosed herewith a disclosure under Regulation 29(2) read with Regulation 29(3) of SEBI (SAST) Regulations, 2011 w.r.t change (acquisition and disposal) in shareholding of G R Infraprojects Limited (“Target Company” or “TC”) by way of inter-se transfer amongst the qualifying persons (immediate relatives, Promoter and Promoter Group) on 29th September 2025.
Please note that the inter-se transfer is a part of realignment of the shareholding amongst family members and therefore, has not affected the interests of the public shareholders of the Target Company.
| Devki Nandan Agarwal
Acquirer | ____ | Sangeeta Agarwal
Seller | ___ |
| --- | --- | --- | --- |
| Vinod Kumar Agarwal
Acquirer & Seller | ____ | Devki Nandan Agarwal & Family HUF
Seller | ___ |
| Mahendra Agarwal
Acquirer | Mahendra Kumar | Vinod Kumar Agarwal & Family HUF
Seller | ____ |
| Ajendra Agarwal
Acquirer | Ajendra Chatter | Mahendra Agarwal & Family HUF
Seller | Mahendra Kumar |
| Purshottam Agarwal
Acquirer | Purshottam | Ajendra Kumar Agarwal & Family HUF
Seller | Ajendra Chatter |
| Laxmi Devi Agarwal
Seller | ____ | Purshottam Agarwal & Family HUF
Seller | _______ |
Disclosures under Regulation 29(2) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulation, 2011
| Details of disposal: | |||
|---|---|---|---|
| Shares carrying voting rights acquired | |||
| i. Vinod Kumar Agarwal | 3,08,500 | 0.32 | 0.32 |
| ii. Laxmi Devi Agarwal | 3,62,636 | 0.37 | 0.37 |
| iii. Sangeeta Agarwal | 5,85,242 | 0.60 | 0.60 |
| iv. Devki Nandan Agarwal & Family HUF | 2,88,000 | 0.30 | 0.30 |
| v. Vinod Kumar Agarwal & Family HUF | 2,78,800 | 0.29 | 0.29 |
| vi. Mahendra Agarwal & Family HUF | 2,95,200 | 0.31 | 0.31 |
| vii. Ajendra Kumar Agarwal & Family HUF | 2,96,000 | 0.31 | 0.31 |
| viii. Purshottam Agarwal & Family HUF | 2,72,800 | 0.28 | 0.28 |
| VRs sold otherwise than by shares | - | - | - |
| Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) acquired/sold | - | - | - |
| Shares encumbered / invoked / released by the acquirer | - | - | - |
| Total (a+b+c+d) | 26,87,178 | 2.78 | 2.78 |
| a) Shares carrying voting rights | |||
| i. Devki Nandan Agarwal | 39,45,248 | 4.08 | 4.08 |
| ii. Vinod Kumar Agarwal | 49,11,812 | 5.08 | 5.08 |
| iii. Mahendra Agarwal | 49,47,813 | 5.11 | 5.11 |
| iv. Ajendra Agarwal | 50,23,813 | 5.19 | 5.19 |
| v. Purshottam Agarwal | 48,46,496 | 5.01 | 5.01 |
| vi. Laxmi Devi Agarwal | 6,85,012 | 0.71 | 0.71 |
| vii. Sangeeta Agarwal | 13,71,813 | 1.42 | 1.42 |
| viii. Devki Nandan Agarwal & Family HUF | - | - | - |
| ix. Vinod Kumar Agarwal & Family | - | - | - |
| x. Mahendra Agarwal & Family HUF | - | - | - |
| xi. Ajendra Kumar Agarwal & Family HUF | - | - | - |
| xii. Purshottam Agarwal & Family HUF | - | - | - |
| b) Shares encumbered with the acquirer | - | - | - |
| c) VRs otherwise than by shares | - | - | - |
| d) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) after acquisition | - | - | - |
| e) Total (a+b+c+d) | 2,57,32,007 | 26.60 | 26.60 |
| Mode of acquisition (e.g open market / off-market / public issue / right issue / preferential allotment / inter – se transfer etc). | Inter-se Transfer | ||
| Date of acquisition of shares | 29^{th} September 2025 | ||
| Equity share capital / total voting capital of the TC before the said acquisition* | Number of Shares : 9,67,60,529 | ||
| Amount (in Rs.): 48,38,02,645 | |||
| (Face Value of Rs. 5/- per equity share) | |||
| Equity share capital / total voting capital of the TC after the said acquisition * | Number of Shares : 9,67,60,529 | ||
| Amount (in Rs.): 48,38,02,645 | |||
| (Face Value of Rs. 5/- per equity share) | |||
| Total diluted share/voting Capital of the TC after said acquisition** | Number of Shares : 9,67,60,529 | ||
| Amount (in Rs.): 48,38,02,645 | |||
| (Face Value of Rs. 5/- per equity share) |
(*) Total share capital / voting capital is as per the latest filing done by the Target Company to the Stock Exchange i.e. shareholding pattern filed by the Target Company for the quarter ended 30th June 2025 & Allotment of shares pursuant to ESOP on 01st September 2025.
(**) Diluted share/voting capital means the total number of shares in the Target Company assuming full conversion of the outstanding convertible securities/warrants into equity shares of the Target Company.
| Devki Nandan Agarwal
Acquirer | 7921157 | Sangeeta Agarwal
Seller | Sangeeta Agarwal |
| --- | --- | --- | --- |
| Vinod Kumar Agarwal
Acquirer & Seller | Vinod Kumar | Devki Nandan Agarwal & Family HUF
Seller | 7921157 |
| Mahendra Agarwal
Acquirer | Mahendra Kumar | Vinod Kumar Agarwal & Family HUF
Seller | Vinod Kumar |
| Ajendra Agarwal
Acquirer | Ajendra Agarwal | Mahendra Agarwal & Family HUF
Seller | Mahendra Kumar |
| Purshottam Agarwal
Acquirer | Purshottam | Ajendra Kumar Agarwal & Family HUF
Seller | Ajendra Agarwal |
| Laxmi Devi Agarwal
Seller | Laxmi Devi | Purshottam Agarwal & Family HUF
Seller | Purshottam |
Date: 01st October 2025
To,
The Managing Director
BSE Limited
Phiroze Jeejebhoy Towers,
Dalal Street
Mumbai, 400001
The Managing Director
National Stock Exchange of India Limited
Exchange Plaza, Plot No. C/1, G
Block, Bandra Kurla Complex,
Bandra (East), Mumbai, 400051
Sub: Disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
We, the undersigned, members of Promoter/Promoter Group of G R Infraprojects Limited (“Target Company”), are herewith submitting the disclosure in the format prescribed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 with regard to change (acquisition and disposal) in shareholding of Promoter Group companies viz. Lokesh Builders Private Limited, Jasamrit Construction Private Limited, Jasamrit Designers Private Limited, Jasamrit Creations Private Limited, Jasamrit Premises Private Limited and Jasamrit Fashions Private Limited by way of inter-se transfer.
| Devki Nandan
Agarwal
Acquirer & Seller | ### | Ritu Agarwal
Seller | ### |
| --- | --- | --- | --- |
| Vinod Kumar Agarwal
Acquirer & Seller | ### | Kiran Agarwal
Seller | ### |
| Mahendra Agarwal
Acquirer & Seller | Mahendra Kumar | Lokesh Agarwal
Seller | ### |
| Ajendra Agarwal
Acquirer & Seller | Ajendra | Pankaj Agarwal
Seller | ### |
| Purshottam Agarwal
Acquirer & Seller | Purshottam | Lalita Agarwal
Seller | ### |
| Harish Kumar Agarwal
Acquirer | Harish | Purshottam
Agarwal & Family
HUF
Seller | ### |
| Suman Agarwal
Seller | Suman Agarwal | Ajendra Kumar
Agarwal & Family
HUF Seller | ### |
| Vinod Kumar Agarwal
& Family HUF
Seller | Vinod | | |
Page 2 of 9
| d) Warrants/convertible securities/any other instrument that entitles the seller to receive shares carrying voting rights in the TC (specify holding in each category) after acquisition | - | - | - |
|---|---|---|---|
| e) Total (a+b+c+d) | 2,82,61,630 | 29.21 | 29.21 |
| Mode of acquisition/ sale (e.g open market / off-market / public issue / right issue / preferential allotment / inter - se transfer etc). | Inter-se transfer of shares of Promoter Group Companies (off-market). | ||
| (Details are mentioned in Annexure-A) | |||
| Date of sale of shares | 29^{th} September 2025 | ||
| Equity share capital / total voting capital of the TC before the said sale* | Number of Shares : 9,67,60,529 | ||
| Amount (in Rs.): 48,38,02,645 | |||
| (Face Value of Rs. 5/- per equity share) | |||
| Equity share capital / total voting capital of the TC after the said sale* | Number of Shares : 9,67,60,529 | ||
| Amount (in Rs.): 48,38,02,645 | |||
| (Face Value of Rs. 5/- per equity share) | |||
| Total diluted share/voting Capital of the TC after said sale** | Number of Shares : 9,67,60,529 | ||
| Amount (in Rs.): 48,38,02,645 | |||
| (Face Value of Rs. 5/- per equity share) |
| Devki Nandan Agarwal
Acquirer & Seller | Ritu Agarwal
Seller | Dee Agarwal |
| --- | --- | --- |
| Vinod Kumar Agarwal
Acquirer & Seller | Kiran Agarwal
Seller | Kiran Agarwal |
| Mahendra Agarwal
Acquirer & Seller | Lokesh Agarwal
Seller | Lokesh Agarwal |
| Ajendra Agarwal
Acquirer & Seller | Pankaj Agarwal
Seller | Pankaj Agarwal |
| Purshottam Agarwal
Acquirer & Seller | Lalita Agarwal
Seller | Chand |
| Harish Kumar Agarwal
Acquirer | Purshottam Agarwal & Family HUF
Seller | Jain |
| Suman Agarwal
Seller | Ajendra Kumar Agarwal & Family HUF
Seller | Ajendra |
| Vinod Kumar Agarwal & Family HUF
Seller | | |
Page 3 of 9
Annexure - A
- Shareholding pattern of Lokesh Builders Private Limited pre and post the transfer.
| Shareholder | Pre-Transfer | Acquisition | Disposal | Post Transfer | ||||
|---|---|---|---|---|---|---|---|---|
| Shares Held | % | No. of Shares | % | No. of Shares | % | Shares Held | % | |
| Suman Agarwal | 13,205 | 15.22 | - | - | 747 | 0.86 | 12,458 | 14.36 |
| Kiran Agarwal | 9,142 | 10.54 | - | - | 2,984 | 3.44 | 6,158 | 7.10 |
| Vinod Kumar Agarwal | 8,400 | 9.68 | 2000 | 2.31 | 8,400 | 9.68 | 2,000 | 2.31 |
| Sangeeta Agarwal | 8,126 | 9.37 | - | - | - | - | 8,126 | 9.37 |
| Mahendra Agarwal | 7,800 | 8.99 | - | - | - | - | 7,800 | 8.99 |
| Ritu Agarwal | 7,619 | 8.78 | - | - | 960 | 1.10 | 6,659 | 7.68 |
| Purshottam Agarwal | 6,300 | 7.26 | 2000 | 2.31 | - | - | 8,300 | 9.57 |
| Lalita Agarwal | 6,095 | 7.03 | - | - | - | - | 6,095 | 7.03 |
| Laxmi Devi Agarwal | 4,063 | 4.68 | - | - | - | - | 4,063 | 4.68 |
| Puja Agarwal | 3,500 | 4.03 | - | - | - | - | 3,500 | 4.03 |
| Ajendra Agarwal | 3,000 | 3.46 | 5364 | 6.18 | - | - | 8,364 | 9.64 |
| Devki Nandan Agarwal | 3,000 | 3.46 | 3895 | 4.49 | - | - | 6,895 | 7.95 |
| Harish Kumar Agarwal | - | - | 5,332 | 6.14 | - | - | 5,332 | 6.14 |
| Purshottam Agarwal & Family HUF | 2,000 | 2.31 | - | - | 2,000 | 2.31 | - | - |
| Vinod Kumar Agarwal & Family HUF | 2,000 | 2.31 | - | - | 2,000 | 2.31 | - | - |
| Ajendra Kumar Agarwal & Family HUF | 1,500 | 1.73 | - | - | 1,500 | 1.73 | - | - |
| Harish Kumar Agarwal & Family HUF | 1,000 | 1.15 | - | - | - | - | 1,000 | 1.15 |
| Total | 86,750 | 100.00 | 18,591 | 21.43 | 18,591 | 21.43 | 86,750 | 100.00 |
Page 4 of 9
- Shareholding pattern of Jasamrit Designers Private Limited pre and post the transfer.
| Shareholder | Pre-Transfer | Acquisition | Disposal | Post Transfer | ||||
|---|---|---|---|---|---|---|---|---|
| Shares Held | No. of Shares | No. of Shares | % | No. of Shares | % | Shares Held | % | |
| Ritu Agarwal | 900 | 9.00 | - | - | 900 | 9.00 | - | - |
| Suman Agarwal | 900 | 9.00 | - | - | 900 | 9.00 | - | - |
| Purshottam Agarwal | 900 | 9.00 | 900 | 9.00 | 900 | 9.00 | 900 | 9.00 |
| Mahendra Agarwal | 900 | 9.00 | 200 | 2.00 | 900 | 9.00 | 200 | 2.00 |
| Kiran Agarwal | 900 | 9.00 | - | - | 900 | 9.00 | - | - |
| Lalita Agarwal | 900 | 9.00 | - | - | 900 | 9.00 | - | - |
| Ajendra Agarwal | 900 | 9.00 | 200 | 2.00 | 900 | 9.00 | 200 | 2.00 |
| Devki Nandan Agarwal | 890 | 8.90 | 6600 | 66.00 | - | - | 7,490 | 74.90 |
| Pankaj Agarwal | 600 | 6.00 | - | - | - | - | 600 | 6.00 |
| Vikas Agarwal | 600 | 6.00 | - | - | - | - | 600 | 6.00 |
| Vinod Kumar Agarwal | 300 | 3.00 | 10 | 0.10 | 300 | 3.00 | 10 | 0.10 |
| Lokesh Agarwal | 200 | 2.00 | - | - | 200 | 2.00 | - | - |
| Purshottam Agarwal & Family HUF | 900 | 9.00 | - | - | 900 | 9.00 | - | - |
| Ajendra Kumar Agarwal & Family HUF | 200 | 2.00 | - | - | 200 | 2.00 | - | - |
| Vinod Kumar Agarwal & Family HUF | 10 | 0.10 | - | - | 10 | 0.10 | - | - |
| Total | 10,000 | 100.00 | 7910 | 79.10 | 7910 | 79.10 | 10,000 | 100.00 |
Page 5 of 9
- Shareholding pattern of Jasamrit Premises Private Limited pre and post the transfer.
| Shareholder | Pre Transfer | Acquisition | Disposal | Post Transfer | ||||
|---|---|---|---|---|---|---|---|---|
| Shares Held | % | No. of shares | % | No. of shares | % | Shares Held | % | |
| Ajendra Agarwal | 990 | 9.90 | 900 | 9.00 | 223 | 2.23 | 1,667 | 16.67 |
| Ritu Agarwal | 900 | 9.00 | - | - | 333 | 3.33 | 567 | 5.67 |
| Vinod Kumar Agarwal | 900 | 9.00 | 200 | 2.00 | 333 | 3.33 | 767 | 7.67 |
| Suman Agarwal | 900 | 9.00 | - | - | - | - | 900 | 9.00 |
| Purshottam Agarwal | 900 | 9.00 | 200 | 2.00 | - | - | 1,100 | 11.00 |
| Mahendra Agarwal | 900 | 9.00 | - | - | - | - | 900 | 9.00 |
| Kiran Agarwal | 900 | 9.00 | - | - | 334 | 3.34 | 566 | 5.66 |
| Lalita Agarwal | 900 | 9.00 | - | - | 900 | 9.00 | - | - |
| Devki Nandan Agarwal | 900 | 9.00 | 457 | 4.57 | - | - | 1,357 | 13.57 |
| Pankaj Agarwal | 300 | 3.00 | - | - | - | - | 300 | 3.00 |
| Lokesh Agarwal | 200 | 2.00 | - | - | - | - | 200 | 2.00 |
| Vikas Agarwal | 10 | 0.10 | - | - | - | - | 10 | 0.10 |
| Harish Kumar Agarwal | - | - | 1,666 | 16.66 | - | - | 1,666 | 16.66 |
| Ajendra Kumar Agarwal & Family HUF | 900 | 9.00 | - | - | 900 | 9.00 | - | - |
| Purshottam Agarwal & Family HUF | 200 | 2.00 | - | - | 200 | 2.00 | - | - |
| Vinod Kumar Agarwal & Family HUF | 200 | 2.00 | - | - | 200 | 2.00 | - | - |
| Total | 10,000 | 100.00 | 3,423 | 34.23 | 3,423 | 34.23 | 10,000 | 100.00 |
Page 6 of 9
- Shareholding pattern of Jasamrit Fashions Private Limited pre and post the transfer:
Page 7 of 9
- Shareholding pattern of Jasamrit Creations Private Limited pre and post the transfer:
Page 8 of 9
6: Shareholding pattern of Jasamrit Construction Private Limited pre and post the transfer:
Page 9 of 9
07th March, 2024
The Compliance Offer
G R Infraprojects Limited
Revenue Block No. 223, Old
Survey No. 384/1, 384/2 Paiki
and 384/3, Khata No. 464,
Kochariya,
Ahmedabad,Gujarat-382220,
India
Sub: Filing of report under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended (“SEBI Takeover Regulations”) for sale of equity shares of G R Infraprojects Limited for achieving Minimum Public Shareholding.
This is with reference to the intimation dated March 05, 2024 (“Intimation”) filed with the BSE Limited and National Stock Exchange of India Limited (as defined hereinunder), pursuant to which I, Laxmi Devi Agarwal, member of promoter group of G R Infraprojects Limited (the “Company”) proposed to sell up to 9,66,890 equity shares of the Company having face value of ₹5 each (“Equity Shares”), (representing 1.00% of the total issued and paid up equity share capital of the Company), in accordance with the requirement of Rule 19(2)(b) and 19(A) of Securities Contracts (Regulation) Rules, 1957 and Regulation 38 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015 read with para 3(7) of the SEBI Circular No. SEBI/HO/CFD/PoD2/P/CIR/2023/18 dated February 3, 2023 (“Circular”) in connection with manner of achieving minimum public shareholding.
In this regard, I wish to inform you that I have sold 9,66,890 Equity Shares on March 07, 2024 amounting to 1.00% of the total issued and paid-up equity share capital of the Company.
In compliance with Regulation 29(2) of the SEBI Takeover Regulations, I hereby notify the information regarding sale of Equity Shares made by me on March 07, 2024 and as required under regulation 29(3) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 required under Regulation 29(3) of SEBI Takeover Regulations, I am informing you about the said sale within two working days of such sale.
I am enclosing herewith a disclosure in the format notified by SEBI in respect of Regulation 29(2) of the SEBI SAST Regulation, of the change in my shareholding, pursuant to the aforesaid sale of Equity Shares in the target Company.

C
| Date of sale of shares | 7th March 2024 |
|---|---|
| Equity share capital / total voting capital of the TC before the said sale* | Number of Shares : 48,34,45,050 |
| Amount (in Rs.): 96,68,90,100 | |
| (Face Value of Rs. 5 per equity share) | |
| Equity share capital / total voting capital of the TC after the said sale* | Number of Shares : 48,34,45,050 |
| Amount (in Rs.): 96,68,90,100 | |
| (Face Value of Rs. 5 per equity share) | |
| Total diluted share/voting Capital of the TC after said sale** | Number of Shares : 48,34,45,050 |
| Amount (in Rs.): 96,68,90,100 | |
| (Face Value of Rs. 5 per equity share) |

07th March, 2024
The Compliance Offer
G R Infraprojects Limited
Revenue Block No. 223, Old
Survey No. 384/1, 384/2 Paiki
and 384/3, Khata No. 464,
Kochariya, Ahmedabad,
Gujarat-382220, India
Sub: Filing of report under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended ("SEBI Takeover Regulations") for sale of equity shares of G R Infraprojects Limited for achieving Minimum Public Shareholding.
This is with reference to the intimation dated March 05, 2024 ("Intimation") filed with the BSE Limited and National Stock Exchange of India Limited (as defined hereinunder), pursuant to which I, Suman Agarwal, member of promoter group of G R Infraprojects Limited (the "Company") proposed to sell up to 9,66,890 equity shares of the Company having face value of ₹5 each ("Equity Shares"), (representing 1.00% of the total issued and paid up equity share capital of the Company), in accordance with the requirement of Rule 19(2)(b) and 19(A) of Securities Contracts (Regulation) Rules, 1957 and Regulation 38 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015 read with para 3(7) of the SEBI Circular No. SEBI/HO/CFD/PoD2/P/CIR/2023/18 dated February 3, 2023 ("Circular") in connection with manner of achieving minimum public shareholding.
In this regard, I wish to inform you that I have sold 9,66,890 Equity Shares on March 07, 2024 amounting to 1.00% of the total issued and paid-up equity share capital of the Company.
In compliance with Regulation 29(2) of the SEBI Takeover Regulations, I hereby notify the information regarding sale of Equity Shares made by me on March 07, 2024 and as required under regulation 29(3) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 required under Regulation 29(3) of SEBI Takeover Regulations, I am informing you about the said sale within two working days of such sale.
I am enclosing herewith a disclosure in the format notified by SEBI in respect of Regulation 29(2) of the SEBI SAST Regulation, of the change in my shareholding, pursuant to the aforesaid sale of Equity Shares in the target Company.
Suman Agarwal
Suman Agarwal
| Equity share capital / total voting capital of the TC before the said sale | Number of Shares : 48,34,45,050
Amount (in Rs.): 96,68,90,100
(Face Value of Rs. 5 per equity share) |
| --- | --- |
| Equity share capital / total voting capital of the TC after the said sale | Number of Shares : 48,34,45,050
Amount (in Rs.): 96,68,90,100
(Face Value of Rs. 5 per equity share) |
| Total diluted share/voting Capital of the TC after said sale** | Number of Shares : 48,34,45,050
Amount (in Rs.): 96,68,90,100
(Face Value of Rs. 5 per equity share) |

This is with reference to the intimation dated March 05, 2024 ("Intimation") filed with the BSE Limited and National Stock Exchange of India Limited (as defined hereinunder), pursuant to which I, Ritu Agarwal, member of promoter group of G R Infraprojects Limited (the "Company") proposed to sell up to 9,66,890 equity shares of the Company having face value of ₹5 each ("Equity Shares"), (representing 1.00% of the total issued and paid up equity share capital of the Company), in accordance with the requirement of Rule 19(2)(b) and 19(A) of Securities Contracts (Regulation) Rules, 1957 and Regulation 38 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015 read with para 3(7) of the SEBI Circular No. SEBI/HO/CFD/PoD2/P/CIR/2023/18 dated February 3, 2023 ("Circular") in connection with manner of achieving minimum public shareholding.
Ritu Agarwal
2/2 8/10/2011
| Equity share capital / total voting capital of the TC before the said sale | Number of Shares : 48,34,45,050
Amount (in Rs.): 96,68,90,100
(Face Value of Rs. 5 per equity share) |
| --- | --- |
| Equity share capital / total voting capital of the TC after the said sale | Number of Shares : 48,34,45,050
Amount (in Rs.): 96,68,90,100
(Face Value of Rs. 5 per equity share) |
| Total diluted share/voting Capital of the TC after said sale** | Number of Shares : 48,34,45,050
Amount (in Rs.): 96,68,90,100
(Face Value of Rs. 5 per equity share) |

Ritu Agarwal
Kiran Agarwal
Kiran - Agarwal
| Date of sale of shares | 7^{th} March 2024 |
|---|---|
| Equity share capital / total voting capital of the TC before the said sale* | Number of Shares : 48,34,45,050 |
| Amount (in Rs.): 96,68,90,100 | |
| (Face Value of Rs. 5 per equity share) | |
| Equity share capital / total voting capital of the TC after the said sale* | Number of Shares : 48,34,45,050 |
| Amount (in Rs.): 96,68,90,100 | |
| (Face Value of Rs. 5 per equity share) | |
| Total diluted share/voting Capital of the TC after said sale** | Number of Shares : 48,34,45,050 |
| Amount (in Rs.): 96,68,90,100 | |
| (Face Value of Rs. 5 per equity share) |
Kiran Agarwal
8th April 2024
BSE Limited
Phiroze Jeejeebhoy Towers
Dalal Street, Fort
Mumbai – 400001
Scrip Code: 543317
National Stock Exchange of India Limited
Exchange Plaza, Plot No. C-1
G Block, Bandra-Kurla Complex, Bandra(E)
Mumbai – 400051
Symbol: GRINFRA
Sub: Disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 for the Financial Year ended 31st March 2024.
Pursuant to Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, We, the Promoter and Promoter Group/Person Acting in Concert (PAC) (as per Annexure-1) of G R Infraprojects Limited (“Company”), hereby declare that we held 7,22,65,128 (74.74%) Equity Shares of the Company as on 31st March 2024 and we have not made any encumbrance, directly or indirectly, during the Financial Year ended 31st March 2024.
Kindly take the same on record.
Vinod Kumar Agarwal
Digitally signed by Vinod Kumar Agarwal
Date: 2024.04.08 13:28:56 +05'30'
Vinod Kumar Agarwal
(For and on behalf of Promoter and Promoter Group/ Persons Acting in Concert (PAC*))
Enclosed: As above.
Copy to:
-
The Audit Committee
G R Infraprojects Limited
Revenue Block No. 223,
Old Survey No. 384/1, 384/2 Paiki
and 384/3, Khata No. 464,
Kochariya, Ahmedabad-382220 -
Company Secretary
G R Infraprojects Limited
Revenue Block No. 223,
Old Survey No. 384/1, 384/2 Paiki
and 384/3, Khata No. 464,
Kochariya, Ahmedabad-382220
Annexure-1
| Lokesh Builders Private Limited |
|---|
| Vinod Kumar Agarwal |
| Harish Kumar Agarwal |
| Ajendra Agarwal |
| Mahendra Agarwal |
| Purshottam Agarwal |
| Devki Nandan Agarwal |
| Manish Gupta |
| Kiran Agarwal |
| Laxmi Devi Agarwal |
| Suman Agarwal |
| Ritu Agarwal |
| Sangeeta Agarwal |
| Lalita Agarwal |
| Ajendra Kumar Agarwal & Family HUF |
| Mahendra Agarwal & Family HUF |
| Devki Nandan Agarwal & Family HUF |
| Vinod Kumar Agarwal & Family HUF |
| Purshottam Agarwal & Family HUF |
| Vikas Agarwal |
| Pankaj Agarwal |
| Puja Agarwal |
| Rupal Agarwal |
| Lokesh Agarwal |
| Jasamrit Creations Private Limited |
| Jasamrit Designers Private Limited |
| Jasamrit Construction Private Limited |
| Jasamrit Fashions Private Limited |
| Jasamrit Premises Private Limited |
Vinod Kumar Agarwal
Digitally signed by Vinod Kumar Agarwal
Date: 2024.04.08 13:29:12 +05'30'
07th April 2025
BSE Limited
Phiroze Jeejeebhoy Towers
Dalal Street, Fort
Mumbai – 400001
Scrip Code: 543317
National Stock Exchange of India Limited
Exchange Plaza, Plot No. C-1
G Block, Bandra-Kurla Complex, Bandra(E)
Mumbai – 400051
Symbol: GRINFRA
Subject: Disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 for the Financial Year ended 31st March 2025.
Pursuant to Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, We, the Promoter and Promoter Group/Person Acting in Concert (PAC) (as per Annexure-1) of G R Infraprojects Limited (“Company”), hereby declare that we held 7,22,65,128 (74.70%) Equity Shares of the Company as on 31st March 2025 and we have not made any encumbrance, directly or indirectly, during the Financial Year ended 31st March 2025.
Kindly take the same on record.

Ajendra Kumar Agarwal
(For and on behalf of Promoter and Promoter Group/ Persons Acting in Concert (PAC))
Enclosed: As above.
Copy to:
-
The Audit Committee
G R Infraprojects Limited
Revenue Block No. 223,
Old Survey No. 384/1, 384/2 Paiki
and 384/3, Khata No. 464,
Kochariya, Ahmedabad-382220 -
Company Secretary
G R Infraprojects Limited
Revenue Block No. 223,
Old Survey No. 384/1, 384/2 Paiki
and 384/3, Khata No. 464,
Kochariya, Ahmedabad-382220
Annexure-1
| Lokesh Builders Private Limited |
|---|
| Vinod Kumar Agarwal |
| Harish Kumar Agarwal |
| Ajendra Agarwal |
| Mahendra Agarwal |
| Purshottam Agarwal |
| Devki Nandan Agarwal |
| Manish Gupta |
| Kiran Agarwal |
| Laxmi Devi Agarwal |
| Suman Agarwal |
| Ritu Agarwal |
| Sangeeta Agarwal |
| Lalita Agarwal |
| Ajendra Kumar Agarwal & Family HUF |
| Mahendra Agarwal & Family HUF |
| Devki Nandan Agarwal & Family HUF |
| Vinod Kumar Agarwal & Family HUF |
| Purshottam Agarwal & Family HUF |
| Vikas Agarwal |
| Pankaj Agarwal |
| Puja Agarwal |
| Rupal Agarwal |
| Lokesh Agarwal |
| Jasamrit Creations Private Limited |
| Jasamrit Designers Private Limited |
| Jasamrit Construction Private Limited |
| Jasamrit Fashions Private Limited |
| Jasamrit Premises Private Limited |

08th April 2026
To
National Stock Exchange of India Limited
Exchange Plaza, Plot No. C-1
G Block, Bandra-Kurla Complex, Bandra(E)
Mumbai -400051
Symbol: GRINFRA
Subject: Disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 for the financial year ended 31st March 2026.
Pursuant to Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, we, the Promoters and members of Promoter Group of G R Infraprojects Limited (“Company”), hereby declare that we alongwith persons acting in concert (as per Annexure-1) hold 7,22,65,608 (74.69%) Equity Shares of the Company as on 31st March 2026 and we have not made any encumbrance, directly or indirectly, during the Financial Year ended 31st March 2026.
Request you to kindly take the same on record.
Thanking you,

Ajendra Kumar Agarwal
(For and on behalf of Promoter and members of Promoter Group)
Enclosed: As above.
Copy to:
12
Annexure-1
| S.No. | Name of Person/Entity | Category |
|---|---|---|
| 1 | Lokesh Builders Private Limited | Promoter |
| 2 | Vinod Kumar Agarwal | Promoter |
| 3 | Ajendra Agarwal | Promoter |
| 4 | Purshottam Agarwal | Promoter |
| 5 | Harish Kumar Agarwal | Promoter Group |
| 6 | Mahendra Agarwal | Promoter Group |
| 7 | Devki Nandan Agarwal | Promoter Group |
| 8 | Manish Gupta | Promoter Group |
| 9 | Kiran Agarwal | Promoter Group |
| 10 | Laxmi Devi Agarwal | Promoter Group |
| 11 | Suman Agarwal | Promoter Group |
| 12 | Ritu Agarwal | Promoter Group |
| 13 | Sangeeta Agarwal | Promoter Group |
| 14 | Lalita Agarwal | Promoter Group |
| 15 | Vikas Agarwal | Promoter Group |
| 16 | Pankaj Agarwal | Promoter Group |
| 17 | Puja Agarwal | Promoter Group |
| 18 | Rupal Agarwal | Promoter Group |
| 19 | Lokesh Agarwal | Promoter Group |
| 20 | Jasamrit Creations Private Limited | Promoter Group |
| 21 | Jasamrit Designers Private Limited | Promoter Group |
| 22 | Jasamrit Construction Private Limited | Promoter Group |
| 23 | Jasamrit Fashions Private Limited | Promoter Group |
| 24 | Jasamrit Premises Private Limited | Promoter Group |
| 25 | Shakuntala Devi Gupta | Promoter Group |
| 26 | Aditya Fatepuria | Promoter Group |
| 27 | Deepika Goyal | Promoter Group |
| 28 | Archit Agarwal | Promoter Group |
| 29 | Arun Kumar Navatia | Promoter Group |
| 30 | Ashwin Agarwal | Promoter Group |
| 31 | Govardhan Lal Kedia | Promoter Group |
| 32 | Aditya Enterprises (Proprietor Purshottam Agarwal) | Promoter Group |
| 33 | Aditya Minerals (Proprietor Mahendra Agarwal) | Promoter Group |
| 34 | Gumani Ram Agarwal HUF | Promoter Group |
| 35 | Jai Prakash Choudhary | Promoter Group |
| 36 | Laxmi Tulsian | Promoter Group |
| 37 | Nitika Agarwal | Promoter Group |
| 38 | Raj Kumar Garg | Promoter Group |
| 39 | Saroj Khemka | Promoter Group |
| 40 | Seema Agarwal | Promoter Group |
|---|---|---|
| 41 | Shalini Agarwal | Promoter Group |
| 42 | Shubham Agarwal | Promoter Group |
| 43 | Suman Hisariya | Promoter Group |
| 44 | Sushila Devi Kedia | Promoter Group |
| 45 | Vrinda Agarwal | Promoter Group |
| 46 | Khyati Aggarwal | Promoter Group |
| 47 | Vedansh Agarwal (Minor) | Promoter Group |
| 48 | Shivansh Agarwal (Minor) | Promoter Group |
| 49 | Hanuman Prasad Gupta | Promoter Group |
| 50 | Aditya Agarwal | Promoter Group |
| 51 | Grace Buildhome Private Limited | Promoter Group |
| 52 | Gumaniram Agarwal Contractors Private Limited | Promoter Group |
| 53 | Udaipur Buildestate Private Limited | Promoter Group |
| 54 | G R Agarwal Family Trust | Promoter Group |
| 55 | G R Builders | Promoter Group |
| 56 | G R Estate | Promoter Group |
| 57 | Grace Consulting Engineers | Promoter Group |
| 58 | Suman Builders | Promoter Group |
| 59 | Suncity Trade Agency | Promoter Group |
| 60 | Niki Buildcon Private Limited | Promoter Group |
| 61 | Rahul Infrastructure Private Limited | Promoter Group |
| 62 | Suncity Stainless LLP | Promoter Group |