HG Infra Engineering Acquisition Worth ₹0.05 Cr
H.G. Infra Engineering acquired 100% equity in Ranipur Chunar Power Transmission Limited for ₹0.05 Crore to execute a power transmission project.
- Value
- ₹0.05 Cr
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H.G. Infra Engineering acquired 100% equity in Ranipur Chunar Power Transmission Limited for ₹0.05 Crore to execute a power transmission project.
HGINFRA received a completion certificate from NHAI for its 6-lane road project in Delhi. The project was declared fit for commercial operation in February 2025.
H.G. Infra Engineering received a show cause notice from Karnataka GST authorities alleging a tax liability of ₹94.00 Crore. The company disputes the claims.
CARE Ratings reaffirmed H.G. Infra Engineering's long-term bank facilities rating at CARE AA; Negative. The outlook was revised from stable to negative.