H.G. Infra Engineering Limited has informed the Exchange about Sale or disposal
HGINFRA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.6 pts less than Nifty Microcap 250 and 0.7 pts less than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
H.G. Infra Engineering has completed the sale of its 100% stake (14,10,500 equity shares) in wholly-owned subsidiary H.G. Khammam Devarapalle PKG-2 Private Limited to Neo Infra Income Opportunities Fund (NIIOF), a Category II AIF, on March 20, 2026. The total consideration for the transaction is ₹213.85 crore, with the first tranche of ₹47.63 crore already received on March 20, 2026, and the second tranche expected next week. The Securities Purchase Agreement was originally executed on December 26, 2025. The divested SPV contributed ₹287.58 crore (5.7%) to consolidated revenue and ₹92.45 crore (1.8%) to consolidated net worth for FY25. The buyer is unrelated to the promoter group and the transaction is not a related-party deal or slump sale.
The deal brings in ₹213.85 crore of cash, strengthening the company's balance sheet and likely supporting working capital or debt reduction. While the subsidiary contributed about 5.7% of consolidated revenue, it was a single project SPV and does not affect the core EPC order book. Short-term stock reaction may be mildly positive due to cash inflow, though the revenue contribution lost is modest.