G R Infraprojects Limited informed that Company has incorporated a wholly owned subsidiary company "GR Ludhiana Rupnagar Highway Private Limited" on 12 October 2021, as Special Purpose Vehicle, to undertake the below mentioned project: Construction of Four /Six lane Greenfield Ludhiana - Rupnagar National Highway No. NH-205K from Junction with NE-5 Village near to Manewal (Ludhiana) to j unction with NH-205 near Bheora Village (Rupnagar) including spur to Kharar with Ludhiana bypass under Bharatmala Pariyojana in the State of Punjab on Hybrid Annuity Mode, Package-1 (Section from Design Ch . 0.000 to Design Ch. 37.700, total length 37.700 Km.) on Hybrid Annuity Mode. Project cost INR 9,510 million. Mode- Hybrid Annuity Mode, First year O&M cost is INR 32.7 million. Completion Period is 730 days from Appointed Date. Operation Period: 15 Years from Commercial Operation Date.