H.G. Infra Engineering Sells 49% Stake in Subsidiary to Neo Infra Income Opportunities Fund
H.G. Infra Engineering Limited has announced the sale of a substantial stake in its subsidiary, H.G. Raipur Visakhapatnam OD-5 Private Limited. The company sold 49% of its holding in the entity to Neo Infra Income Opportunities Fund (NIIOF).Following the transfer, which was completed on June 05, 2026, H.G. Infra Engineering Limited will retain the remaining 51% stake. As a result of this transaction, the entity ceases to be a Wholly Owned Subsidiary of the company but remains a subsidiary.
The sale was executed with Neo Infra Income Opportunities Fund (NIIOF), a registered scheme under Neo Credit Alternatives Investment Trust and managed by Neo Alternative Asset Managers Private Limited. The Securities Purchase Agreement for the transfer of stakes was executed on December 18, 2025.
The transaction concluded with a consideration amount of Rs. 377.40 Crore.
Financial Snapshot of Subsidiary Performance
Data provided regarding H.G. Raipur Visakhapatnam OD-5 Private Limited before the disposal shows specific performance metrics related to the last financial year ended March 31, 2026.The table below details the contribution of related assets and net worth:
| Metric | Unit | Contribution Amount (INR) | Share in Consolidated Figures |
|---|---|---|---|
| Revenue Contribution from H.G. Visakhapatnam Private Limited | INR Crore | 325.59 | 6.22% of Consolidated Revenue |
| Net Worth Contribution from H.G. Raipur Visakhapatnam OD-5 Limited | INR Crore | 139.59 | 4.28% of Consolidated Net worth |
HGINFRA Stock Price Movement
Shares of H.G. Infra Engineering Limited slipped today, closing at ₹548.65 after shedding 0.68% in post-market trading. The stock traded within an intraday range, hitting a low of ₹546 as it saw substantial activity with 98,077 shares recorded.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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