NSEUpdates2d ago · 16 Sept 2026, 07:16 pm

Updates

G R Infraprojects Limited · GRINFRA

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G R Infraprojects Limited has issued a notice of termination to NTPC Limited for the EPC Agreement for BESS Implementation at NTPC Thermal Power Stations (Lot-1); Mouda Super Thermal Power Station (Mouda) with immediate effect.

Analysis Scores

Earnings Impact6/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk4/10
Balance Sheet Risk3/10
Liquidity Impact5/10
Market Sentiment3/10

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Full Announcement

G R Infraprojects Limited has informed the Exchange regarding 'Intimation for issuance of Notice of Termination'.

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GRINFRA_16092026191556_Termination_16082026.pdf

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16th September 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, Plot No. C-1 Dalal Street, Fort G Block, Bandra-Kurla Complex, Bandra(E) Mumbai – 400001 Mumbai -400051 Scrip Code: 543317 Symbol: GRINFRA Subject: Intimation under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) – Issuance of Notice of Termination. Dear Sir, We refer to our earlier letter dated 23rd April 2026, intimating the execution of EPC Agreement with NTPC Limited for the Project EPC Package for BESS Implementation at NTPC Thermal Power Stations (Lot-1); Mouda Super Thermal Power Station (Mouda). Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Company has issued a notice of termination to NTPC Limited in respect of aforesaid Contract Agreements, with immediate effect. The details required as per SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 is enclosed herewith as an “Annexure-A”. You are kindly requested to take the same on record. Yours sincerely, For G R Infraprojects Limited Sudhir Mutha Company Secretary ICSI Membership No. ACS18857 Encl: As Above ANNEXURE-A Disclosure of Material Events or Information pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with the SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January 2026. S.No. Particulars Description 1 Name of parties to the M/s G R Infraprojects Limited and NTPC Limited. order(s)/contract(s); 2 Nature of the order(s)/contract(s); Agreements for execution of EPC Package for BESS Implementation at NTPC Thermal Power Stations (Lot-1); Mouda Super Thermal Power Station (Mouda). (i) Contract Agreement bearing No. CS-9575-171 A-9-FC-COA-7978, (ii) Contract Agreement bearing No. CS-9575- 171A-9-SC-COA-7979, and (iii) Contract Agreement bearing No. CS-9575- 171A-9-TC-COA-7980 3 Date of execution of the 23rd April 2026 order(s)/contract(s) 4 Details of amendment or reasons for The Company, in view of the continuing Force terminations and impact thereof (to Majeure and War Risk circumstances and the the extent possible); contractual issues arising from the contractual provisions, has issued a notice of termination to NTPC Limited, with immediate effect. The Company has invoked the applicable dispute resolution mechanism and reserved its rights and remedies under the Contract Agreements. The financial impact of the termination is presently being assessed.