HG Infra acquires full stake in WR ER Part C Power Transmission SPV

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Price reactionminutes from the announcement price · days from the prior close

-0.7%Reaction day

₹570.10

prior close

₹570.65

announcement price

After-mkt

timing

Nifty Microcap 250market+0.2%-0.9% vs market

Civil Construction peers, median of 99sector-0.0%-0.7% vs sector

On the reaction day the stock moved 0.9 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.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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10m

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15m

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30m

-0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.7+0.2-0.9-0.0-0.7

Next day

-0.9+1.0-1.9+0.0-0.9

+0.4+0.7-0.3-0.6+1.0

-0.1+0.9-1.0-0.6+0.5

-1.9+0.2-2.1-1.6-0.3

-3.2-1.8-1.3-3.3+0.1

-1.1+1.4-2.6-1.9+0.7

15d

-3.7-0.6-3.1-4.4+0.7

-4.0+1.5-5.5-4.2+0.3

-15.5+4.5-20.0-8.4-7.0

-26.7+3.1-29.7-12.8-13.9

UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 99Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

HG Infra Engineering has executed a Share Purchase Agreement to acquire full equity in WR ER Part C Power Transmission Limited, an SPV set up for the WR-ER Inter-Regional Network Expansion Scheme Part C power transmission project. The company bought 50,000 shares at Rs. 10 each, totalling Rs. 5 lakh in cash. The SPV will build an inter-state power transmission system network, aligning with HG Infra infrastructure business and expanding its presence in the power transmission sector.

Likely market impact

Marks HG Infra entry into power transmission EPC via SPV buyout; future revenue depends on execution of the underlying transmission project awarded to it.