HG Infra Engineering Merger & Restructuring Worth ₹70 Cr
H.G. Infra Engineering completed the ₹70 Crore sale of its subsidiary to Neo Infra Income Opportunities Fund. The transaction aligns with its capital recycling strategy.
- Value
- ₹70.00 Cr
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H.G. Infra Engineering completed the ₹70 Crore sale of its subsidiary to Neo Infra Income Opportunities Fund. The transaction aligns with its capital recycling strategy.
H.G. Infra Engineering transferred its remaining 51% stake in a subsidiary to Neo Infra Income Opportunities Fund. The entity ceases to be a subsidiary of the company.
H.G. Infra Engineering received a completion certificate for its ₹4,970.99 Crore Ganga Expressway EPC project. The project is now fit for commercial operations.
H.G. Infra Engineering Limited completed the sale of its wholly-owned subsidiary for ₹121.8 Crore. The cash-based divestment to Neo Infra Income Opportunities Fund strengthens the company's liquidity.
H.G. Infra Engineering concluded the Rs.377.40 Crore sale of its Raipur Visakhapatnam subsidiary. The 49% first tranche is complete, with the remainder due by September 2026.
HG Infra's Q4 FY26 was impacted by geopolitical turmoil and project delays. Standalone revenue hit ₹1,354cr with a 9.37% EBITDA margin, while management diversifies into solar and BESS sectors for long-term growth.
H.G. Infra's subsidiary received the appointed date for a ₹1303.11 Crore Jharkhand highway project. Construction of the 35.6 km stretch begins, spanning 730 days.
HG Infra delivered a sharp Q4 miss on revenue and margins due to geopolitical headwinds, delayed appointed dates, and technical accounting shifts in BESS projects.
H.G. Infra Engineering appointed Vikas Jain as CFO and Janesh Kumar as CHRO. Current CFO Rajeev Mishra transitions to lead Investor Relations and Corporate Affairs.
H.G. Infra Q4FY26 revenue fell 31% YoY to ₹13,539Mn (standalone). Total order book stands at ₹1,57,386Mn including new post-March orders.
H.G. Infra Engineering re-appointed Harendra Singh as Managing Director and Vijendra Singh Choudhary as Whole-Time Director. Both five-year terms begin May 2027, ensuring leadership continuity.
H.G. Infra Engineering recommended a final dividend of ₹2.00 per share for FY2025-26. The record date is August 12, 2026, with payment by September 17.
H.G. Infra Engineering re-appointed its Cost, Internal, and Tax auditors for 12-month terms. These appointments ensure continued regulatory compliance and internal financial oversight.
HG Infra Engineering Ltd reported revenue from operations of ₹1,427 Cr (+4.8% YoY) and net profit of ₹84.6 Cr (-42.4% YoY) for Q4 FY26.
H.G. Infra Engineering Ltd approved audited FY26 financial results and recommended a ₹2.00 final dividend. The company also appointed Mr. Vikas Jain as CFO.
H.G. Infra Engineering Limited won a Jharkhand transmission project from REC Power. Annual charges total ₹114.53 Crore, with execution spanning 30 months.
H.G. Infra Engineering Limited secured a UP substation project with ₹45.01 Crore annual transmission charges. Execution is slated for 18 months under BOOT terms.
H.G. Infra Engineering filed its Annual Secretarial Compliance Report for the financial year ended March 2026. The auditor reported nil non-compliance deviations or monetary penalties.
H.G. Infra Engineering postponed its May 22, 2026, board meeting due to unavoidable circumstances. A revised date for the meeting will be announced later.
H.G. Infra removed two MSRDC projects totaling ₹4,142.22 Crore from its order book. MSRDC returned bid securities without explanation, creating significant execution uncertainty for investors.
H.G. Infra Engineering scheduled a board meeting on May 22, 2026. Directors will consider FY26 financial results and a final dividend recommendation.
H.G. Infra Engineering secured a ₹3931.11 Crore highway corridor project from Welspun Enterprises. The 36-month contract involves construction and improvement of a 53.40 km Maharashtra section.
H.G. Infra Engineering Limited received a credit rating update from ICRA Limited for total facilities worth ₹5,600 Crore. ICRA reaffirmed [ICRA]AA-(Positive) and [ICRA]A1+ ratings and assigned them to enhanced amounts. This reaffirmation and positive outlook signal strong creditworthiness and operational stability.
H.G. Infra Engineering Limited has completed the sale of its subsidiary, H.G. Raipur Visakhapatnam OD-6 Private Limited, to Neo Infra Income Opportunities Fund. The transaction was valued at ₹282.24 Crore in cash. This divestment of a non-core asset aligns with the company's capital allocation and monetization strategy.
H.G. Infra Engineering Limited completed the sale of its subsidiary, H.G. Raipur Visakhapatnam OD-6 Private Limited, to Neo Infra Income Opportunities Fund. The transaction was valued at ₹282.24 Crore in cash consideration. The divestment reflects a strategic disposal of a subsidiary unit that contributed approximately 6.5% to the company's annual turnover.
H.G. Infra Engineering completed the sale of its 100% stake in H.G. Raipur Visakhapatnam OD-6 Private Limited to Neo Infra Income Opportunities Fund for ₹282.24 Crore. The company received ₹203.00 Crore today, with the balance due per transaction terms. Consequently, the entity has ceased to be a subsidiary of the company.
H.G. Infra Engineering Limited has incorporated a wholly owned subsidiary, H.G. Gobindpur Tangi Highway Private Limited, as an SPV for an Odisha road project. The company invested ₹0.15 Crore in the initial share capital. This entity will execute a six-lane access-controlled ring road project under the Hybrid Annuity Mode.
H.G. Infra Engineering Limited has incorporated a wholly-owned subsidiary, H.G. Gobindpur Tangi Highway Private Limited, with a cash consideration of ₹0.15 Crore. This SPV was formed to execute a six-lane highway project in Odisha under the Hybrid Annuity Mode.
H.G. Infra Engineering Limited incorporated a wholly owned subsidiary, H.G. Gobindpur Tangi Highway Private Limited, as an SPV. The subsidiary will execute a ₹1,582.11 Crore NHAI road project in Odisha under the Hybrid Annuity Mode. The construction period is 910 days, with the subsidiary starting with ₹0.15 Crore initial capital.
H.G. Infra Engineering Limited secured a ₹519.33 Crore order from Mirzapur Thermal Energy (UP) Private Limited. The contract involves civil and P-way works for railway infrastructure development at a thermal power project in Uttar Pradesh. The project is scheduled for completion within 18 months, providing significant revenue visibility.