GPT Infraprojects limited — Capital/Financing Update 2021

Jun 21, 2021

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GPT Infraprojects Limited

Regd. Office : GPT Centre, JC-25, Sector-III, Salt Lake, Kolkata – 700 106, India CIN: L20103WB1980PLC032872 Tel: +91-33-4050-7000 Fax: +91-33-4050-7999 Email: info@gptgroup.co.in Visit us: www.gptgroup.co.in

GPTINFRA/CS/SE/2021-22 21[st] June, 2021

The Department of Corporate Services, National Stock Exchange of India Ltd., BSE Limited, Exchange Plaza, Phiroze Jeejeebhoy Towers, Plot no. C/1, G Block,

Dalal Street Bandra-Kurla Complex, Bandra (E), Mumbai – 400001 Mumbai - 400 051

Dear Sir/Madam,

Sub: Intimation of sale of stake in subsidiary under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), we hereby inform the Exchange that the Company has sold its 100% stake in M/s. Superfine Vanijya Private Limited, an Indian Non Material Wholly Owned Subsidiary of the Company. Consequently, M/s. Superfine Vanijya Private Limited ceased to be the Wholly Owned Subsidiary of the Company w.e.f 21[st] June 2021.

The required details as per SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 are given in Annexure A.

Kindly take the aforesaid information on record and oblige.

Thanking You,

Yours faithfully,

For GPT Infraprojects Limited

Digitally signed by ANATHA ANATHA BANDHABA BANDHABA CHAKRABARTTY CHAKRABARTTY Date: 2021.06.21 15:59:56 +05'30'

A B Chakrabartty Company Secretary M. No. FCS- 7184

Annexure A.

Sl. No	Items to be disclosed	Details :- Superfine Vanijya Private Limited
1	The amount and percentage of the turnover or revenue or income and net worth contributed by such unit or division of the listed entity during the last financial year.	Turnover as on 31stMarch, 2021 is Rs.8.39 lacs constituting 0.01% of consolidated income. Net Worth as on 31stMarch, 2021 is Rs. 165 Lacs constituting 0.68% of Consolidated Net Worth.
2	Date on which the agreement for sale has been entered into	Not Applicable. The effective date of sale is June 21,2021
3	The expected date of completion of sale/disposal	June 21, 2021
4	Consideration received from such sale/disposal	The total consideration received from such disposal is Rs.1.65 Crore.
5	Brief details of buyers and whether any of the buyers belong to the promoter/ promoter group/ group companies. If yes, details thereof	The buyers M/s. Dinesh Management Services Limited. The buyers doesn’t belongs to the promoter/ promoter group/ group companies.
6	Whether the transaction would fall within related party transactions? If yes, whether the same is done at “arm’s length”	The said transaction is not a related party transaction.
7	Additionally, in case of a slump sale, indicative disclosures provided for amalgamation/merger, shall be disclosed by the listed entity with respect to such slump sale	Not applicable

ANATHA BANDHABA CHAKRABARTTY

Digitally signed by ANATHA BANDHABA CHAKRABARTTY Date: 2021.06.21 16:00:43 +05'30'