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Gayatri Projects Ltd
B-1, T.S.R. Towers
6-3-1090, Raj Bhavan Road, Somajiguda
Phone: +91 4023310330p:+91 4023310330 HYDERABAD, 500082  India Ticker: GAYAPROJGAYAPROJ
On 10/10/2017, the National Company Law Tribunal, Hyderabad Bench (NCLT) admitted the Insolvency Petition filed against Gayatri Projects Ltd. by Jaycon Infrastructure Limited under the provisions of the Insolvency and Bankruptcy Code, 2016. An Interim Resolution Professional was appointed to the Company by the NCLT.
On 9/29/2022, it was announced that Canara Bank had filed an Insolvency Petition against Gayatri Projects Ltd with the National Company Law Tribunal.
Business Summary
Gayatri Projects Limited is an India-based infrastructure company. The Company’s operations consist of construction and project activities. The Company is engaged in the executing works in several growth sectors within the infrastructure space such as Roads, Irrigation, Rail, Airports Development, Power, Mining, and Industrial works. The Company has pan India operations within several infrastructure verticals like roads, irrigation works, water distribution works, mining works & industrial construction projects. The Company works primarily with State Government entities, National Highways Authority of India (NHAI), Ministry of Road Transport & Highways (MORTH). The Company has executed projects comprising over 6,842 Lane kms of roads and 425 kms of irrigation canals including Field Channels and several industrial projects. Its subsidiaries include Gayatri Energy Ventures Private Limited and Bhandara Thermal Power Corporation Limited.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/20223/31/2022Yes----

Industries
SIC Code Description
1611 Highway and street construction, except elevated highways
1629 Heavy construction, not elsewhere classified
1623 Water, sewer, pipeline, and communications and power line construction
1541 General contractors-industrial buildings and warehouses
1542 General contractors-nonresidential buildings, other than industrial

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Non-Executive Chairman of the Board Tikkavarapu Indira S.Reddy 70 3/8/1996 3/8/1996
Executive Vice Chairman of the Board Jenna Brij M.Reddy 81 9/1/2007 1/1/1989
Chief Financial Officer P. SreedharBabu 62
Managing Director, Executive Director T. V. Sandeep K.Reddy 54 9/15/1989 9/15/1989
Non-Executive Woman Independent Director PamulaLatha 3/15/2022 3/15/2022

Business Names
Business Name
532767
GAYAPROJ
Gayatri Projects Limited

General Information
Number of Employees: 2,390 (As of 3/31/2022)
Outstanding Shares: 187,198,685 (As of 9/30/2022)
Shareholders: 56,014
Stock Exchange: NSE
Fax Number: +91 4023398435


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Friday, April 19, 2024