H.G. Infra Engineering Ltd

💰 HG Infra Engineering Divests Subsidiary for ₹282.24 Crore

• Sold 100% equity stake in subsidiary H.G. Raipur Visakhapatnam OD-6 Private Limited

• Transaction value: ₹282.24 crore with ₹203.00 crore received upfront

• Subsidiary contributed 6.5% to consolidated revenue (₹329.10 crore) in FY 2024-25

• Subsidiary represented 2.6% of consolidated net worth (₹132.19 crore)

• 1,137,750 equity shares transferred to Neo Infra Income Opportunities Fund on April 23, 2026

• Transaction executed at arm's length and not a related party deal