H.G. Infra Engineering Limited — Important, 25-06-2025: Updates

H.G. Infra Engineering Limited has announced a board meeting. The company has incorporated a wholly owned subsidiary, H.G. Choraniya Bess Private Limited, as a special purpose vehicle for setting up standalone Battery Energy Storage Systems in Gujarat under a competitive bidding phase. The subsidiary has an initial share capital of Rs. 15 lakh and is yet to commence operations. This move expands H.G. Infra’s footprint into the battery energy storage sector, potentially diversifying its business portfolio and tapping into the growing renewable infrastructure market.