H.G. Infra Engineering Limited — JV/Acquisition, 06-08-2026: Acquisition

H.G. Infra Engineering (HGINFRA) has invested Rs. 33.80 Cr into its wholly-owned subsidiary, H.G. Gujarat Bess Private Limited, through a rights issue. This strategic capital injection aims to expand HGINFRA's business into the Battery Energy Storage System sector. H.G. Gujarat Bess, incorporated in February 2025, currently has no turnover, signaling this investment is for future growth and diversification into new energy infrastructure. This move positions HGINFRA for potential long-term growth in an evolving energy landscape.