G R Infraprojects: Update on Receipt of Show Cause Notice from GST Department
G R Infraprojects (GRINFRA) filed a disclosure titled "Update on Receipt of Show Cause Notice from GST Department". The company is valued at about ₹7,522 crore.
What happened
G R Infraprojects (GRINFRA) filed a disclosure with the exchanges on 16 October 2026 at 07:25 PM titled "Update on Receipt of Show Cause Notice from GST Department".
Company snapshot
G R Infraprojects is a small-cap company, with a market value of about ₹7,522 crore.
The stock last traded at ₹777.4, against a 52-week range of ₹771–₹1,245.6 (37.6% below the high).
Before this filing the shares had moved −7.5% over the month and −13.0% over three months. Average daily turnover over the last 20 sessions was about ₹2.43 crore.
Promoters held 74.69% at the end of Q1 FY27. Foreign institutions owned 2.45% and domestic institutions 19.49%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 1,988 | 244.1 | 25.23 |
| Q2 FY26 | 1,602 | 192.6 | 19.91 |
| Q3 FY26 | 2,308 | 258.7 | 26.79 |
| Q4 FY26 | 2,500 | 209.9 | 21.39 |
| Q1 FY27 | 2,784 | 357.3 | 36.93 |
What history shows
This is not the company's first litigation disclosure: BCEIE has 2 earlier filings of this kind on record since May 2026.
Market-wide, 607 litigation filings with an impact score of 50 or more saw an average next-day move of −0.3%, with 36% rising.
Past reactions describe what happened before; they are not a forecast.
In the news
Recent coverage elsewhere (links open the original publisher):
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.