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H.G. Infra Engineering Limited has acquired 32,60,000 equity shares of H.G. Chanpura Solar Project Private Limited, its subsidiary, through a rights issue valued at ₹3.26 crore. This acquisition aligns with the company's strategy to expand its business in the solar power sector. H.G. Chanpura Solar Project, incorporated on June 27, 2024, is positioned to contribute to the company's solar energy objectives, although it has yet to commence business operations. As this entity operates in the renewable energy sector, it provides growth potential. Investors should view this expansion positively, anticipating increased influence in the solar market.