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Garuda Construction provides end-to-end civil construction for residential, commercial, residential cum commercial, infrastructure, and industrial projects
Garuda Construction's promoter, PKH Ventures, pledged 65 lakh shares (6.99% of total capital) to Aditya Birla Capital. This move secures ₹50 Cr for the company's working capital needs, with the pledged shares valued at ₹113.55 Cr.
Garuda Construction: Promoters & Promoter Group confirmed no shares were encumbered (pledged) in the last fiscal year. This signals stable promoter holdings, a key investor insight.
Garuda Construction has announced a board meeting on 18th July. The meeting time has been preponed from 2:00 PM to 9:00 AM due to logistical constraints to ensure the requisite quorum. All other agenda items for the meeting remain unchanged. The trading window for all directors, officers, and designated persons...
Garuda Construction and Engineering has announced a board meeting on the incorporation of a wholly owned subsidiary, Garuda Arabia Limited, in Saudi Arabia, with a paid-up capital investment of SAR 1 million. This subsidiary will focus on providing construction services in the Saudi market, expanding the company’s geographic footprint. The...
Garuda Construction has announced a board meeting and approved a ₹40 Cr investment in secured, unrated, unlisted non-convertible debentures of Options Infra Project Pvt Ltd at a 12% annual coupon. This debt funding supports completing the "Options World" commercial project in Mumbai, where Garuda is the contractor. The 30-month maturity...