Gayatri Projects Limited Announces Defaults on Payment of Interest/ Repayment of Principal Amount for Loans

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.