H.G. Infra Engineering Ltd Subsidiary Transfers Partial Stake to Stockwell Solar Services

H.G. Green Energy Private Limited, a Wholly owned Subsidiary of H.G. Infra Engineering Limited, has transferred 26% of its stake in H.G. Bikaner Solar Project Private Limited, H.G. Muknasar Solar Project Private Limited, and H.G. Paleena Solar Project Private Limited to Stockwell Solar Services Private Limited. This transfer will result in the aforementioned entities ceasing to be Wholly Owned Subsidiaries of the Company but will continue to be its subsidiaries. The transaction does not fall under related party transactions and is not a slump sale.