H.G. Infra Sells 49% Stake in Subsidiary for ₹377.40 Cr

H.G. Infra Engineering Ltd has divested 49% of its stake in its wholly-owned subsidiary, H.G. Raipur Visakhapatnam OD-5 Private Limited, to Neo Infra Income Opportunities Fund for a total consideration of Rs. 377.40 Crore. The subsidiary will continue to be a subsidiary of H.G. Infra, but no longer a wholly-owned one. The first tranche of Rs. 121.80 Crore has been received, with the remaining amount due upon the sale of the balance 51% stake. The subsidiary contributed 6.22% to consolidated revenue and 4.28% to net worth in FY26.