H.G. Infra invests over Rs 20 crore in its subsidiaries
Infrastructure firm H.G. Infra Engineering Limited (HGINFRA) has made an expansion to its solar energy business. The firm has equity shares in eight of its solar project subsidiaries through a rights issue.
The subsidiaries are: H.G. Bapini, H.G. Barni, H.G. Hemera, H.G. Khariya, H.G. Kushlawa, H.G. Moolraj, H.G. Pichiyak, and H.G. Moriya Solar Project Private Limited. HGINFRA has made a total investment ranging from from Rs 2,39,00,000 to Rs 3,00,00,000. These acquired entities were newly incorporated between June 20, 2024, and June 28, 2024, with their registered offices in Rajasthan.
Also Read: H.G. Infra emerges as qualified bidder for GUVNL's project