Acquiring Company
Gayatri Highways
Acquired Company
HKR Roadways Limited
Description
Gayatri Highways has successfully acquired a 23% equity stake in HKR Roadways Limited. The transaction was finalized on August 27, 2026, after a process that began in February 2026. This acquisition is expected to enhance Gayatri Highways' presence in the infrastructure sector, particularly in toll road operations. HKR Roadways has demonstrated consistent revenue growth, supporting the strategic rationale for this investment.
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M&A Insights
Based on deal dataFrequently asked
Who acquired HKR Roadways Limited?
HKR Roadways Limited was acquired by Gayatri Highways, based in Andhra Pradesh. The deal was reported on August 28, 2026. Gayatri Highways is engaged in the development and management of highways and infrastructure projects. The company aims to enhance its operational capabilities within the infrastructure sector. Gayatri Highways is privately held and operates in Construction.
When did Gayatri Highways acquire HKR Roadways Limited?
Gayatri Highways's acquisition of HKR Roadways Limited was reported on August 28, 2026. Gayatri Highways has successfully acquired a 23% equity stake in HKR Roadways Limited. The transaction was finalized on August 27, 2026, after a process that began in February 2026. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does HKR Roadways Limited do?
HKR Roadways Limited holds a contract with the Telangana state government for the concession of the SH1 motorway, spanning 206 km across Telangana, between its capital Hyderabad and the north-east of the state. The concession is expected to last until 2041. It is privately held, operating in Government, and is based in India.
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