hg infra engineering has incorporated a wholly owned subsidiary, H.G. Buildskills Private Limited, on July 10, 2026, to expand its operations into learning, training, and development consultancy. The newly formed entity is yet to commence business operations and has been established with an authorized capital of ₹15,00,000, divided into 1,50,000 equity shares of ₹10 each. The initial subscription to the share capital stands at ₹1,00,000, divided into 10,000 equity shares of ₹10 each, representing a 100% stake in the subsidiary.

The incorporation was disclosed to the stock exchanges pursuant to Regulations 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. As a wholly owned subsidiary, H.G. Buildskills Private Limited is classified as a related party transaction. The filing confirms that apart from the shareholding held by HG Infra Engineering Limited, the promoters, promoter group, or group companies do not hold any other interest in the new entity.

Subsidiary Details

The subsidiary, incorporated in India, operates within the learning, training, and development consultancy sector. Since the entity is newly incorporated, there is no immediate financial impact on the parent company, and no specific governmental or regulatory approvals were required for its formation. The consideration for the acquisition of shares was made in cash.

Financial Structure of H.G. Buildskills Private Limited

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: