ALPHA TRIBE

H.G. Infra Engineering LimitedImportant, 27-01-2025: Updates

27-01-2025 | 07:34 pm

H.G. Infra Engineering Limited has made significant investments in several of its subsidiaries through a rights issue, acquiring equity shares in the following projects:

1. H.G. Nokha Solar Project Private Limited - Investment of ₹2.84 crores

2. H.G. Bhopalgarh Solar Project Private Limited - Investment of ₹2.45 crores

3. H.G. Mathania Solar Project Private Limited - Investment of ₹2.84 crores

4. H.G. Sri Dungargarh Solar Project Private Limited - Investment of ₹2.84 crores

5. H.G. Mangeriya Solar Project Private Limited - Investment of ₹3.26 crores

6. H.G. Kapuriya Solar Project Private Limited - Investment of ₹2.84 crores

7. H.G. Mukam Solar Project Private Limited - Investment of ₹2.45 crores

These acquisitions are aimed at expanding the company’s operations in the solar energy sector. The completion of these investments opens up potential growth opportunities in the renewable energy market, supporting the company’s long-term strategic objectives. Investors should look for performance updates as these projects aim to start commercial operations, which could positively affect overall business performance.

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