HEC Infra Projects Limited Incorporates Shivam Grid Solutions as Wholly Owned Subsidiary
HEC Infra Projects Limited has successfully incorporated a new entity, Shivam Grid Solutions Private Limited (SGSPL), and established it as a subsidiary of the company. The incorporation was finalized on July 28, 2026, following certification by the Registrar of Companies, Central Registration Centre, Ministry of Corporate Affairs.The newly incorporated subsidiary is dedicated to supporting specialized infrastructure needs within the industry. SGSPL has been set up with the object of providing electrical, mechanical and engineering support services, which includes technical manpower supply services.
HEC Infra Projects Limited holds a controlling interest in the new venture. The company acquired an initial 51% shareholding through a cash subscription to the Memorandum and Articles of Association of SGSPL.
The investment details concerning this subsidiary are as follows:
| Particulars | Detail |
|---|---|
| Subsidiary Name | Shivam Grid Solutions Private Limited (SGSPL) |
| Date of Incorporation | July 28, 2026 |
| Authorized Share Capital | Rs. 10,00,000/- |
| Paid up Capital | Rs. 10,00,000/- |
| Industry Focus | Electrical, mechanical & engineering support services and technical manpower supply |
Under the subscription of shares by HEC Infra Projects Limited (the Holding Company), the company subscribed 51,000 equity shares at a price of Rs. 10/- each. This investment aggregated to Rs. 5,10,000/-, establishing HEC Infra Projects Limited as the controlling entity in SGSPL.
SGSPL is a recently incorporated entity with zero turnover and has been established solely for providing electrical, mechanical, and engineering support services.
HECPROJECT Stock Price Movement
On Tuesday, shares of HEC Infra Projects Limited slipped by 0.36% to settle at ₹136.43 after trading against the previous close of ₹137.7. The stock saw a traded volume of 13,909 shares during the session.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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.