Gayatri Highways Amends HKR Roadways Stake Sale Agreement

Amendment to SPA for sale of Gayatri Highways’ entire HKR Roadways stake removes escrow arrangements, revises payment mechanics, removes the WPI multiplier provision, and extends the transaction long-stop date to August 31, 2026, facilitating completion. Potential stamp-duty, warranty and redemption-premium liabilities remain unquantified.