H.G. Infra Engineering has transferred remaining 51% of its stake held in H.G. Raipur Visakhapatnam OD-5, a subsidiary (SPV) of the company to Neo Infra Income Opportunities Fund (NIIOF). After the said transfer of stake, the said entity ceases to be subsidiary of the company.
Earlier, the company had transferred a 49% of its stake held in H.G. Raipur Visakhapatnam OD-5 to NIIOF. The above transfer is part of the Securities Purchase Agreement (SPA) executed on December 18, 2025 between H.G. Infra Engineering and NIIOF for the sale of the company's entire 100% shareholding in H.G. Raipur Visakhapatnam OD-5 to NIIOF.
H.G. Infra Engineering is an infrastructure construction, development and management company with extensive experience in its focus area of road projects, including highways, bridges and flyovers.
