GR Infraprojects have announced the allocation of shares under its ESOS/ESOP. The Nomination and Removing Committee approved the allocation of 20,222 equity shares on 1 September 2025.
This allocation was made under the “Gr Infraprojects Limited Employees Stock Option Scheme – 2021”. The face value of each share is ₹ 5, and the exercise price is ₹ 1,000 per share.
The shares allocated under ESOP are under Sebi (Share Based Employee Benefits and Sweat Equity) Regulations, Regulations 10 (C) of 2021. After the allocation, the total number of shares issued is 9,67,60,529, and the total share capital released is ₹ 48.38 crore.
The specific number of shares with ISIN ISIN is from 99499730 to 99519951. These shares will be at the same level with the current shares of the company.
The objective of the ESOP scheme is to motivate employees, maintain important personnel, achieve continuous growth and create a shareholder value by aligning the interests of the employees with long -term goals of the company. The vesting period for options from the grant date set by the committee is between one and four years. After westing, options can be used within a period of three years from the date of the respective westing.
The company has confirmed that all the shares allotted under the scheme will be at the same level with existing shares. No listing fees are currently payable for these shares.
The company has informed about the allocation of stock exchanges, BSE and NSE to ensure compliance and transparency.
Gr infraprojects limited, which first GR Agarwal was known as Builders and Developers Limited, a company focused on infrastructure projects. The corporate office is located in Gurugram, Haryana, while the head office is in Udaipur, Rajasthan, and the registered office is in Ahmedabad, Gujarat.
The company’s shares are listed under the script code 543317 on the Bombay Stock Exchange (BSE) and under the Grinfra Symbal on the National Stock Exchange (NSE).
The company has confirmed that all the shares allotted under the scheme will be at the same level with existing shares.