H.G. Infra Engineering Limited has transferred its remaining 51% stake in H.G. Khammam Devarapalle PKG-1 Private Limited to Neo Infra Income Opportunities Fund. Following the transfer, the entity ceases to be a subsidiary of the company. The transaction was communicated to the exchanges on June 09, 2026.

The stake transfer is pursuant to Regulations 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This move follows earlier announcements made by the company on August 13, 2025, January 15, 2026, and March 30, 2026.

The details required under SEBI Regulations and SEBI Circulars regarding the transaction were previously disclosed on March 30, 2026. The filing was signed by Ankita Mehra, Company Secretary & Compliance Officer.

Transaction Details

H.G. Infra Engineering Limited has received a provisional completion certificate for the Ganga Expressway project in Uttar Pradesh, declaring the infrastructure fit for commercial operations. The certificate was issued by Adani Road Transport Limited on May 30, 2026, and received by the company on June 05, 2026. This development marks a critical milestone for the engineering, procurement, and construction (EPC) contract, which covers a 151.700 km stretch of the access-controlled greenfield expressway.

The project involves the execution of civil and associated works on a DBFOT (Toll) basis for Group II of the expressway, spanning from Km. 137+600 in Village Nagla Barah, Budaun, to Km. 289+300 in Village Ubariya Khurd, Hardoi. The scope includes developing a six-lane facility expandable to eight lanes. The contract was awarded by domestic entity Adani Road Transport Limited, with no related party interests disclosed.

Project Details

The project was appointed on November 3, 2022, with a scheduled completion timeline of 820 days. The provisional completion was recorded on April 30, 2026. The total contract price for the extensive civil works was established at ₹4970.99 crore.

Contract Specifications

The disclosure was made to the exchanges in compliance with Regulations 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the order does not involve any transactions with promoter group companies or related parties. The nature of the order is strictly domestic, focusing on the construction sector within Uttar Pradesh.