G R Bamni Highway Private Limited (“GMHPL” or the “Company”) is a Special Purpose Vehicle (SPV), incorporated on July 15, 2022 for implementation of the Project “Four Laning of existing 2-lane stretch from Bamni (Design Km 19.000) to MH/TG Border (Design Km 51.985) {Design Length = 32.985 Km} on HAM Mode in the State of Maharashtra under NH (O)”. GR Infraprojects Limited (GRIL), controls 100% of the equity interest in GBHPL.

Total Length of Project i.e., 32.985 Km of NH-930D Bamni to MH/TG Border and total project cost set forth in financial package as per clause 23.1 of Article 23 is 837 Cr. The LOA for the project was issued by Authority (NHAI) on 30 March 2022 and Agreement was signed on 17th May 2022.