GR Infraprojects OKs INR 2.5/shr interim dividend, to exit 3 arms
This story was originally published at 20:44 IST on 13 February 2026
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--GR Infraprojects to pay INR 2.5/shr interim dividend; record date is Feb 19
MUMBAI – G R Infraprojects Ltd. Friday said it has approved an interim dividend of INR 2.5 per share. The company's board has approved divesting its entire stake in wholly-owned material subsidiary G R Ena Kim Expressway Pvt. Ltd.
The board has also approved the divestment of 100% stake in G R Bilaspur Urga Highway Pvt. Ltd. and G R Ujjain Badnawar Highway Pvt. Ltd. These two arms are not material subsidiaries of the company.
The company Tuesday had set Feb. 19 as the record date for payment of interim dividend.
For the December quarter, the company's consolidated net profit was INR 2.59 billion, down 1% on year, on a revenue of INR 23.08 billion. Friday, shares of G R Infraprojects ended slightly higher at INR 980.45 on the National Stock Exchange. End
Reported by Shweta
Edited by Rajeev Pai
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