H.G. Infra Engineering Limited — JV/Acquisition, 03-01-2026: Acquisition
03-01-2026 | 03:07 pm
03-01-2026 | 03:07 pm
H.G. Infra Engineering (HGINFRA) has infused Rs. 45.78 Cr into its wholly-owned subsidiary, H.G. Bahuvan Jagarnathpur Highway Private Limited, via a Rights issue subscription. This strategic investment is aimed at business expansion within the vital road construction and maintenance sector, which is the subsidiary's core industry. HGINFRA maintains 100% ownership, channeling capital to fortify its capabilities and operational footprint. This move solidifies the company's commitment to growth and strengthens its portfolio in infrastructure development.
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