G R Infraprojects Limited announced receipt of Letter of award dated 29th March 2023 for the project "Construction of 4/6 lane Bypass for Belagavi city from km 11.773 (km 11 Goa side of NH4A) to km 46.253 (km 516 Pune side of NH4) (design length 34.480 km) in the State of Karnataka on HAM Mode Package 1" and in accordance with the provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that the Company has received a letter from National Highways Authority of India dated May 16, 2024 informing "that due to administrative reasons, Competent Authority of NHAI has decided to cancel LOA dated March 29, 2023 for subject project and annual bidding process without any liability/claims of any account against this LOA as per cited clauses of RFP". Project: Construction of 4/6 lane Bypass for Belagavi city from km 11.773 (km 11 Goa side of NH4A) to km 46.253 (km 516 Pune side of NH4) (design length 34.480 km) in the State of Karnataka on HAM Mode Package 1. Authority's Estimated Project Cost: INR 8,973.7 million; Mode: Hybrid Annuity Mode (HAM); Completion Period & Operation Period Completion Period: 730 days from Appointed Date. Operation Period: 15 Years from Commercial Operation Date.