H.G. Infra Engineering Limited has announced the completion of the transfer of its remaining 51% stake in H.G. Raipur Visakhapatnam OD-5 Private Limited. This subsidiary, previously known as ‘SPV,’ has been sold to Neo Infra Income Opportunities Fund. As a result of this transaction, the entity will no longer be considered a subsidiary of H.G. Infra Engineering Limited. Further details were previously disclosed on June 05, 2026.
H.G. Infra Engineering Limited Finalizes Subsidiary Stake Sale
In an official communication dated July 23, 2026, H.G. Infra Engineering Limited confirmed the complete divestment of its interest in a key subsidiary. The company has successfully transferred its remaining 51% stake in H.G. Raipur Visakhapatnam OD-5 Private Limited. This entity, previously identified as a ‘SPV’ (Special Purpose Vehicle) of the Company, has been acquired by Neo Infra Income Opportunities Fund.
Strategic Divestment and Subsidiary Status Change
This transaction marks a significant strategic move for H.G. Infra Engineering Limited. Following the finalization of the stake transfer, the divested entity, H.G. Raipur Visakhapatnam OD-5 Private Limited, will consequently cease to be a subsidiary of the Company. The detailed disclosures pertaining to this transaction, as required by the relevant regulations and circulars, were comprehensively provided by the Company on June 05, 2026.
This announcement serves for the information and records of the stakeholders.
Source: BSE
