Announced Tue, 29 Sept, 2026 · 10:42 IST
HG Infra subsidiary achieves financial closure for Rs 1,582 Cr Odisha highway project
HGINFRA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-3.5%1-day move
₹446.90
prior close
₹436.85
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.2+0.3+0.3+0.9-3.5-6.4-9.6-6.4-6.9—————
Up moveDown movePending
AI summary
HG Infra Engineering's wholly owned subsidiary H.G. Gobindpur Tangi Highway has received financial closure letter from NHAI for a six-lane Capital Region Ring Road Package-III in Odisha. The Rs 1,582.11 Crore project covers 40.33 KM under Hybrid Annuity Mode with 910 days construction period. Financial close date is September 16, 2026. Earlier announcements on Feb 24, Feb 27 and Apr 19, 2026 had disclosed the project details.
Likely market impact
Positive: Major Rs 1,582 Cr order now financially closed, enabling construction start and revenue recognition under the HAM model.