HG Infra Engineering Acquisition Worth ₹0.05 Cr
H.G. Infra Engineering acquired 100% equity in Ranipur Chunar Power Transmission Limited for ₹0.05 Crore to execute a power transmission project.
- Value
- ₹0.05 Cr
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H.G. Infra Engineering acquired 100% equity in Ranipur Chunar Power Transmission Limited for ₹0.05 Crore to execute a power transmission project.
HGINFRA received a completion certificate from NHAI for its 6-lane road project in Delhi. The project was declared fit for commercial operation in February 2025.
H.G. Infra Engineering received a show cause notice from Karnataka GST authorities alleging a tax liability of ₹94.00 Crore. The company disputes the claims.
CARE Ratings reaffirmed H.G. Infra Engineering's long-term bank facilities rating at CARE AA; Negative. The outlook was revised from stable to negative.
H.G. Infra Engineering Ltd confirmed the timely payment of Rs. 18.43 Crore in interest for its non-convertible debentures. The payment includes penal interest due to a prior covenant breach.
H.G. Infra Engineering Ltd received a credit rating update from ICRA, reaffirming ratings across various facilities with the outlook revised to stable.
H.G. Infra Engineering re-appointed Harendra Singh and Vijendra Singh Choudhary as Executive Directors for a five-year term effective May 2027.
H.G. Infra Engineering Ltd held its 24th AGM on August 19, 2026, where shareholders passed all resolutions, including final dividend declaration and director re-appointments.
H.G. Infra Engineering Ltd received a formal Letter of Intent from REC Power Development and Consultancy for constructing two substations in Uttar Pradesh.
HG Infra delivered a dismal Q1 performance with a massive 78% PAT drop. Severe execution bottlenecks in solar and road projects hammered margins and revenue conversion.
H.G. Infra Engineering reported a sharp decline in Q1FY27 standalone performance with Revenue down 46.9% and PAT down 77.5% YoY. The company is diversifying into BESS, Solar, and Transmission.
HG Infra Engineering Ltd reported revenue from operations of ₹1,101 Cr (-25.7% YoY) and a net loss of ₹44.5 Cr for Q1 FY27.
H.G. Infra received an LOA from the Government of Rajasthan for the ITI Bhiwadi Cluster project. The contract is valued at ₹17.10 Crore.