Divestment23 Jul 2026, 09:21 pm
H.G. Infra Engineering Divests Remaining 51% Stake in SPV
AI Summary
H.G. Infra Engineering Ltd has divested its remaining 51% stake in its subsidiary, H.G. Raipur Visakhapatnam OD-5 Private Limited (SPV), to Neo Infra Income Opportunities Fund. Following this transaction, the SPV will no longer be a subsidiary of H.G. Infra Engineering. The company had previously announced stake sales on August 13, 2025, December 18, 2025, and June 05, 2026. All necessary details as per SEBI regulations were provided in the June 05, 2026 disclosure.
Key Highlights
- H.G. Infra Engineering divested remaining 51% stake in a subsidiary.
- The subsidiary, H.G. Raipur Visakhapatnam OD-5 Pvt Ltd, ceases to be a subsidiary.
- The stake was transferred to Neo Infra Income Opportunities Fund.
- This completes the divestment process initiated earlier.
- Disclosure requirements under SEBI regulations have been met.
Price Impact
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