H.G. Infra Engineering Limited (HGINFRA) — Announcement
H.G. Infra Engineering Limited announced the sale of its 49% stake in the wholly owned subsidiary H.G. Raipur Visakhapatnam OD-5 Private Limited to Neo Infra Income Opportunities Fund for Rs. 377.40 Crore, with the first tranche of Rs. 121.80 Crore received on June 05, 2026 and the remaining 51% stake to be sold by September 30, 2026. The transaction removes the entity from being a wholly owned subsidiary but retains it as a subsidiary, and the buyer is not part of the promoter group.
About H.G. Infra Engineering Limited (HGINFRA)
Construction · Construction · Listed on NSE
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📊 More HGINFRA filings
- Announcement — 13 July 2026 No summary available
- 🟡 Related Party Transaction — 10 July 2026 H.G. Infra Engineering Limited announced the incorporation of a wholly owned subsidiary, H.G. Builds...
- Announcement — 7 July 2026 H.G. Infra Engineering Limited announced that six wholly owned solar project subsidiaries have been ...
- Announcement — 1 July 2026 H.G. Infra Engineering Limited announced the dissolution of its step-down subsidiaries H.G. Bharatpu...
- 🔴 Announcement — 30 June 2026 H.G. Infra Engineering Limited completed the acquisition of 100% of WR ER Part C Power Transmission ...
🔥 Also filed on 5 June 2026
Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.
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