H.G. Infra Engineering subsidiaries struck off by Registrar of Companies

Six step-down wholly owned subsidiaries of H.G. Infra Engineering Limited have been struck off by the Registrar of Companies, Jaipur, under Section 248 of the Companies Act, 2013, effective July 07, 2026. The Ministry of Corporate Affairs confirmed the approval of e-Form STK-2 at 06:20 A.M. on July 07, 2026, changing the status of the entities to "Approved." Consequently, these companies have ceased to be subsidiaries of H.G. Infra Engineering Limited from the same date. The company confirmed that this development will have no material impact on its operations or financial position. The necessary details regarding this matter were previously disclosed to the exchanges on March 30, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Subsidiaries Struck Off

The following step-down wholly owned subsidiaries were removed from the register of companies:

Subsidiary Name
H.G. Nagaur Solar Project Private Limited
H.G. Ghiloth Solar Project Private Limited
H.G. Kota Solar Project Private Limited
H.G. Tapukara Solar Project Private Limited
H.G. Tijara Solar Project Private Limited
H.G. Behror Solar Project Private Limited

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.39%	-0.11%	-0.82%	-20.76%	-47.04%	+13.77%

H.G. Infra Engineering Ltd executed a Share Purchase Agreement (SPA) on June 30, 2026, to acquire 100% of the equity shares of WR ER Part C Power Transmission Limited for ₹500,000. The acquisition was completed via cash consideration at 07:00 p.m. IST, pursuant to the Request for Proposal (RFP) and the Letter of Award for the project. This strategic move aims to expand the company's presence in the power transmission sector, specifically for the establishment of an Inter-State Transmission System under the WR-ER Inter-Regional Network Expansion Scheme – Part C.

The target entity, WR ER Part C Power Transmission Limited, is a Special Purpose Vehicle (SPV) incorporated in India and registered with the Registrar of Companies, NCT of Delhi-I, on November 06, 2025. The company operates in the construction, operation, and maintenance of Power Transmission System Networks. The acquisition does not fall under related party transactions, and no promoter or group companies hold any interest in the entity.

Financial Details of the Acquisition

The cost of acquisition involved the purchase of 50,000 equity shares at a face value of ₹10 each, amounting to a total consideration of ₹500,000. The transaction was settled entirely in cash. The indicative time period for the completion of the acquisition was June 30, 2026.

Particulars	Details
Authorized Share Capital	₹500,000
Paid-Up Share Capital	₹500,000
Cost of Acquisition	₹500,000 (50,000 Equity Shares @ ₹10 each)
Percentage of Shareholding Acquired	100%
Nature of Consideration	Cash

Strategic Rationale and Regulatory Compliance

The acquisition aligns with H.G. Infra Engineering Ltd's infrastructure business and supports its strategic objective of expanding its footprint in the power transmission sector. The target entity had no turnover in the last three years prior to the acquisition. The company disclosed that no specific governmental or regulatory approvals were required for this transaction. The details of the acquisition have been submitted to the exchanges in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.