H.G. Infra Engineering Limited has informed stock exchanges about a structural change in one of its joint statutory auditor firms. The company notified BSE and NSE on January 16, 2026, regarding the conversion of M S K A & Associates from a partnership firm to Limited Liability Partnership structure.

Joint Auditor Firm Conversion Details

The joint statutory auditor M S K A & Associates, Chartered Accountants, converted to Limited Liability Partnership under the provisions of the Limited Liability Partnership Act, 2008. The conversion became effective from January 13, 2026, and the firm is now operating as M S K A & Associates LLP, Chartered Accountants.

Continuity of Audit Services

H.G. Infra Engineering Limited has confirmed that this conversion represents only a change in the firm's constitution. The company stated that M S K A & Associates LLP will continue to function and discharge their obligations as joint statutory auditors for the remaining period of their approved tenure without any change in the audit engagement.

Regulatory Compliance

The intimation was made under Regulations 30 and 51 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notification was signed by Ankita Mehra, Company Secretary & Compliance Officer, and sent to both BSE (Scrip Code: 541019) and NSE (Symbol: HGINFRA).

The auditor firm communicated this conversion to the company through a letter dated January 15, 2026. The company has ensured proper disclosure to maintain transparency with stakeholders regarding this administrative change in their audit structure.

Laxmi Dental Limited has announced entering into a loan agreement with its subsidiary Signature Smiles Dental Clinic Private Limited for an aggregate amount not exceeding ₹50.00 lakhs. The agreement was executed on December 29, 2025, under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Loan Agreement Details

The loan facility will be disbursed in one or more tranches, subject to compliance with applicable laws. The subsidiary will utilize the funds for general corporate purposes and business needs.

Related Party Transaction

The transaction qualifies as a related party transaction since Laxmi Dental Limited holds 88.88% shareholding in Signature Smiles Dental Clinic Private Limited. The company has confirmed that the transaction is conducted on an arm's length basis.

Outstanding Loan Position

As disclosed in the regulatory filing, the total amount of loan outstanding as of the disclosure date stands at ₹100.00 lakhs, inclusive of interest. This indicates existing loan arrangements between the parent company and its subsidiary.

Agreement Terms

The loan agreement does not contain special rights provisions such as:

• Right to appoint directors
• First right to share subscription in case of share issuance
• Right to restrict changes in capital structure

The borrower has undertaken to pay interest on the facility amount at the specified rate of 10.50% per annum throughout the loan tenure.

Corporate Structure

Signature Smiles Dental Clinic Private Limited operates as a subsidiary of Laxmi Dental Limited, with the parent company maintaining significant control through its 88.88% shareholding. The promoters and promoter group companies have no other interest in this transaction beyond the subsidiary relationship.