Sale20 Mar 2026, 09:20 pm
H.G. Infra Engineering Ltd. Sells Wholly Owned Subsidiary for ₹ 213.85 Crore
AI Summary
H.G. Infra Engineering Ltd. has sold its 100% equity shares in H.G. Khammam Devarapalle PKG-2 Private Limited to Neo Infra Income Opportunities Fund. The total consideration for the sale is ₹ 213.85 crore. The first tranche of ₹ 47.63 Cr was received on March 20, 2026, with the second tranche expected to be received in the following week. H.G. Khammam Devarapalle PKG-2 Private Limited contributed 5.7% to the total revenue and 1.8% to the net worth of the company in the last financial year.
Key Highlights
- H.G. Infra Engineering Ltd. sells its wholly owned subsidiary, H.G. Khammam Devarapalle PKG-2 Private Limited, for ₹ 213.85 crore.
- The first tranche of ₹ 47.63 Cr was received on March 20, 2026, with the second tranche expected in the following week.
- H.G. Khammam Devarapalle PKG-2 Private Limited contributed 5.7% to the total revenue and 1.8% to the net worth of the company in the last financial year.