Aakash Pandey and his business associates signed a letter of intent to acquire Gammon Road Infrastructure Limited from AJR Infra and Tolling Limited (NSEI:AJRINFRA) for INR 0.10 million on July 6, 2024. A cash consideration of INR 0.1 million will be paid by the buyer. As part of consideration, INR 0.1 million is paid towards common equity of Gammon Road Infrastructure Limited.

For the period ending March 31, 2024, Gammon Road Infrastructure Limited reported total revenue of INR 0. As of March 31, 2024, Gammon Road Infrastructure Limited reported total common equity of INR 0.03 million. The deal has been approved by board of directors of AJR Infra and Tolling Limited.