BSECompany Update1d ago · 18 Aug 2026, 07:46 pm
Update on Litigations of Nagaur Mukundgarh Highways Private Limited, a subsidiary of the Company.
G R Infraprojects Ltd · 543317
✦ AI SummaryLitigation
G R Infraprojects Ltd has submitted an update on the litigations of its subsidiary Nagaur Mukundgarh Highways Private Limited, where the Hon'ble High Court of Judicature for Rajasthan at Jodhpur has dismissed the writ petitions challenging the applicability of CBIC Circular No. 150/06/2021-GST dated June 17, 2021 and levy of GST on annuity payments received under its concession agreement(s). The Company is evaluating the judgment and considering legal remedies.
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Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment5/10
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G R Infraprojects Ltd - 543317 - Update On Litigations
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18th August 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: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015 (“Listing Regulations”) - Update on litigations.
Dear Sir,
In accordance with submissions of quarterly ‘Integrated Filing – Governance’ regarding disclosure
of continuing event or information (i.e. ongoing litigations) of the Company and its subsidiaries, and
its relevant developments pursuant to Regulation 30 and Part B of Para A of Schedule III of the
Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-
POD2/I/3762/2026 dated 30th January 2026, we hereby submit the development in one of the
ongoing litigations, in the prescribed format:
The details of any change in the status and/ or Nagaur Mukundgarh Highways Private Limited a
any development in relation to such subsidiary of the Company had filed writ
proceedings; petitions before the Hon’ble High Court of
Judicature for Rajasthan at Jodhpur, inter alia,
challenging the applicability of CBIC Circular No.
150/06/2021-GST dated June 17, 2021 and levy
of GST on annuity payments received under its
concession agreement(s). The Hon’ble High
Court, vide judgment dated August 17, 2026,
received by the Company on August 18, 2026,
has dismissed the writ petitions.
The Company is evaluating the judgment and
appropriate legal remedies available in
consultation with its legal advisors.
The aggregate amount involved in the aforesaid
litigation is approximately Rs. 69.79 crore.
In the case of litigation against key Not Applicable
management personnel or its promoter or
ultimate person in control, regularly provide
details of any change in the status and / or any
development in relation to such proceedings;
In the event of settlement of the proceedings, Not Applicable
details of such settlement including - terms of
the settlement, compensation/penalty paid (if
any) and impact of such settlement on the
financial position of the listed entity.
This is for your information and record.
Yours sincerely,
For G R Infraprojects Limited
Sudhir Mutha
Company Secretary
ICSI Membership No. ACS18857