Gayatri Projects Limited (BSE:532767) agreed to acquire an additional 11.54% stake in Cyberabad Expressway Pvt. Ltd. for INR 26.9 million on October 12, 2021. The consideration will be paid in cash. Pursuant to the terms of the transaction, Gayatri Projects Limited would acquire 0.228 million common shares and 4.932 million optionally convertible debentures. Cyberabad Expressway Pvt. Ltd., had total revenues of INR 376.4 million for the year 2019 to 2020. The acquisition is expected to be completed within 30 days. Gayatri Projects Limited (BSE:532767) completed the acquisition of an additional 11.54% stake in Cyberabad Expressway Pvt. Ltd. on October 14, 2021.