Gayatri Highways541546Stake acquisition deal
Gayatri Highways takes 49% each in GJRL and GLRL, 11.53% in Cyberabad Expressways at Re.1 per share
By ScoutQuest · · 1 min read
49%Shareholding acquired in GJRL
- Stake acquired
- 49% in GJRL, 49% in GLRL and 11.53% in CEL
- Consideration
- Re.1/- (rupee one only) per share
- Completion date
- completed 28 October 2026
- Target
- Gayatri Jhansi Roadways Limited (GJRL), Gayatri Lalitpur Roadways Limited (GLRL) and Cyberabad Expressways Limited (CEL)
- Transaction
- Acquisition of further equity shares in existing subsidiaries and associate
Gayatri Highways takes 49% each in GJRL and GLRL, 11.53% in Cyberabad Expressways at Re.1 per share.
Incorporation of GJRL and GLRL
Incorporation of CEL
Completion of acquisition
Also from Gayatri Highways
Board meeting postponed and rescheduled to 12 November 2026 to approve Q2 results
4 Nov 2026
Chief Executive Officer resigns; board approves, cessation effective 28 October 2026
28 Oct 2026
CEO K.G Naidu resigns; board approves, effective close of business on October 28, 2026
28 Oct 2026
More numbers
- Consideration price per shareRe.1/-
- Shareholding acquired in GJRL49%
- Shareholding acquired in GLRL49%
- Shareholding acquired in CEL11.53%
- GJRL total revenue FY 2025-26Rs. 2558.28 Lakhs
- GLRL total revenue FY 2025-26Rs. 2183.26 Lakhs
- CEL total revenue FY 2025-26Rs. 48.23 Lakhs
Source: BSE · 29 Oct 2026
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