H.G. Infra Engineering Limited — Important, 23-05-2025: Updates

H.G. Infra Engineering’s subsidiaries have received provisional certificates for two Telangana highway projects totaling INR 1,409.22 Cr. These 4-lane access-controlled greenfield highways under Bharatmala Pariyojana are now fit for commercial operation, allowing revenue recognition and cash inflows via the Hybrid Annuity model. This development enhances project visibility and bolsters the company’s infrastructure order book.