BSECompany Update23 Jun 2026 · 23 Jun 2026, 04:01 pm

Update on Disclosure with respect to the acquisition of 23.00% of Equity Shares Capital in HKR Roadways Limited.

Gayatri Highways Ltd · 541546

✦ AI SummaryM&A

Gayatri Highways Ltd (GHL) has announced an update regarding its previously disclosed acquisition of 23.00% equity shares in HKR Roadways Limited from Kotak Special Situations Fund. The indicative completion timeline for this acquisition has been extended from June 30, 2026, to on or before September 30, 2026. This extension is necessary for HKR Roadways Limited to comply with certain conditions outlined in the Securities Purchase Agreement. All other terms of the acquisition, which GHL expects to be beneficial for its future growth in the infrastructure industry, remain unchanged.

Analysis Scores

Earnings Impact5/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk5/10
Liquidity Impact5/10
Market Sentiment4/10

Full Announcement

Gayatri Highways Ltd - 541546 - Announcement under Regulation 30 (LODR)-Updates on Acquisition