Announced Wed, 30 Sept, 2026 · 23:15 IST
Subsidiary commences business operations
HECPROJECT · price
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Price reaction · full curve 14 horizons · vs prior close
-1.8%1-day move
₹113.00
prior close
₹111.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.7+1.7+1.7+0.2-1.8+0.5-0.5-2.2——————
Up moveDown movePending
AI summary
HEC Infra Projects informed that its subsidiary Shivam Grid Solutions Private Limited, in which it holds 51% stake, has obtained Commencement of Business on 30th September 2026. This follows the company's earlier investment by initial subscription to the Memorandum and Articles. Details were already disclosed in earlier letters dated 14th July and 28th July 2026.
Likely market impact
Confirms operational status of new subsidiary; minor informational update with no immediate material impact on the stock.