HG Infra Engineering Limited has successfully completed its first interest payment on Non-Convertible Debentures (NCDs), demonstrating its commitment to timely debt servicing obligations. The infrastructure company made the payment in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Interest Payment Details

The company paid ₹17,14,68,400 as interest on its ₹400 crore NCD issue. The payment covered interest on 40,000 Senior Rated Listed Unsecured Redeemable Non-Convertible Debentures, each with a face value of ₹1,00,000.

Payment Timeline and Compliance

The interest payment followed a structured timeline with specific dates for record and payment purposes. The company adhered to the Business Day Convention as agreed in the financing arrangement.

The payment was made on March 02, 2026, instead of the original due date of February 28, 2026, following the Business Day Convention agreed upon in the financing arrangement. This represents the first interest payment post-issuance of these debentures.

Regulatory Compliance

HG Infra Engineering Limited filed the mandatory certificate with BSE Limited under Regulation 57 of SEBI regulations. The certificate confirms timely payment of interest and provides comprehensive details of the payment structure. Company Secretary and Compliance Officer Ankita Mehra signed the compliance certificate, ensuring proper documentation of the payment.

The debenture trustee, Catalyst Trusteeship Limited, was also notified of the payment completion. The company maintained full transparency by providing detailed information about the payment process and confirming no delays or non-payment issues occurred during this cycle.

HG Infra Engineering has received significant relief as the CBI court in Patna granted bail to all four company officials and anticipatory bail to the Chairman & Managing Director. The Court of Spl. Judge, CBI-1, Patna, released the officials from judicial custody while legal proceedings continue.

Court Decision and Official Relief

The CBI court's comprehensive decision provides relief across the company's leadership structure. The court granted bail and released four company officials from judicial custody, while also providing anticipatory bail protection for the top executive.

Company Communication and Compliance

H.G. Infra Engineering Limited formally communicated this development to stock exchanges under Regulation 30. The company filed the update with BSE Limited and National Stock Exchange of India Limited, maintaining transparency with stakeholders about the legal proceedings.

Ongoing Legal Cooperation

The infrastructure engineering company emphasized its continued cooperation with enforcement agencies. Company Secretary & Compliance Officer Ankita Mehra signed the official communication, confirming the company's commitment to transparency and regulatory compliance throughout the legal process.

The company assured stakeholders that any further developments in the CBI search matter will be promptly communicated to stock exchanges, maintaining ongoing transparency in the legal proceedings.