Company Profile

G R Infraprojects has received completion certificate for the project of Construction of Four Lane Elevated Road as part of under construction J P Ganga Path (Digha to Deedarganj) from Dulli Ghat (Ch. 13+525.79 Km) to Nuruddin Ghat (Ch: 16+975.79Km), from Dharamshala Ghat (Ch: 19+890 Km) to Old NH-30 (Ch: 20+530.5) along with connectivity to Ashok Raj path at Kangan Ghat (Ch: 15+700 Km) and Patna Ghat (Ch: 16+600 Km.) with allied facilities at Patna in the State of Bihar on EPC mode. The completion certificate has been issued by the Authority’s Engineer on March 19, 2024 and has declared the project fit for entry into commercial operation with effect from February 13, 2024.

Entertainment Network (India) has received approval for acquiring up to 50% equity interest stake in Ninety-nine Audiovisual Media Production LLC, Saudi Arabia based entity, by investing up to five million Saudi Riyal (SAR). The company intends to initiate radio broadcasting operations in Saudi Arabia and NN LLC has obtained licenses for the same from the government of Saudi Arabia. 

Adani Enterprises’ wholly owned subsidiary -- Adani Tradecom (ATL) has acquired balance 49% stake in Adani Green Technology (AGTL) from Adani Trading Services LLP (ATS LLP) and hence AGTL has become a step-down wholly owned subsidiary of the Company. Consequent to the above, Mundra Solar, a wholly owned subsidiary of AGTL, has also become a step-down wholly owned subsidiary of the Company.

Rushil Decor has incorporated subsidiary company of in the name of ‘Rushil Modala PLY’ on March 19, 2024. The company incorporated for the purpose of manufacturing and sale of Plywood and other allied products.

KIOCL has installed 4 No's of Vertical Pressure Filters in Pellet Plant Unit situated at Mangalore as a part of upgradation of the existing filtration system to achieve desired moisture in filter cake for pellet feed from iron ore having high alumina & slime. The capacity of each filter is 100 Tons/hr. The filters are under operation now. The performance guarantee test has been started from March 18, 2024 to ensure the desired parameters. 

EFC (I) -- wholly owned subsidiary -- EFC has bagged prestigious contract for Supply, Installation, Testing, Commissioning and Handing Over of Interior, MEP and Allied works at Tata Consultancy Services (TCS), IIT Delhi Research & Innovation Park, New Delhi. The company has begun the work of mobilization of resources to complete the project well within the prescribed timelines as per the Contract Terms.

Tata Consultancy Services (TCS) has announced that Central Bank, a leading Midwest regional bank, will use TCS BaNCS to update its core technology infrastructure, drive innovation, and strengthen customer relationships. Central Bank’s strategic partnership with TCS aims to create frictionless and flexible customer onboarding processes, enabling continued growth for the bank. Central Bank manages more than $20 billion in assets serving more than 150 locations in 78 communities throughout Missouri, Kansas, Illinois, and Oklahoma. The bank’s decision to deploy TCS BaNCS underscores its commitment to embracing advanced technology to simplify operations and enhance customer experiences. 

KIOCL has installed 4 No's of Vertical Pressure Filters in Pellet Plant Unit situated at Mangalore as a part of upgradation of the existing filtration system to achieve desired moisture in filter cake for pellet feed from iron ore having high alumina & slime. The capacity of each filter is 100 Tons/hr. The filters are under operation now. The performance guarantee test has been started from March 18, 2024 to ensure the desired parameters. 

KIOCL is engaged in the business of manufacturing and exporting high quality Iron Oxide Pellets and supply of pig iron for domestic market. The company also in the business segment of Pellets, Pig Iron.

KIOCL has informed that Stock Exchanges have levied fine of Rs 5,42,800 each (inclusive GST) on the Company for the Non-Compliance with Regulation-17(1), half of the Board was not Independent for the Quarter ended 31st December, 2023.

The above information is a part of company’s filings submitted to BSE.