HG Infra Engineering Share Price Today

HG Infra Engineering forms Section 8 subsidiary for PM-Setu ITI Bhwadi project

HG Infra Engineering has incorporated a Section 8 company as a subsidiary. The company holds a 51% stake in the newly formed entity. The subsidiary has been formed specifically for the PM-Setu ITI Bhwadi project.

H.G. Infra Engineering sees ₹94 Cr tax demand dropped by authorities

Deputy Commissioner of Commercial Taxes cancelled ₹94 crore tax demand against H.G. Infra Engineering. Order passed on October 5, 2026, resulting in nil liability for tax, interest, and penalty. Proceedings closed following company's detailed reply to show cause notice issued prior to Sep 16, 2026.

Hg Infra wins Rs 1582 crore order from NHAI for Odisha ring road project

Hg Infra Engineering secured a Rs 1582.11 crore mega order from NHAI for an Odisha ring road project on Hybrid Annuity Mode. This is the second major NHAI win recently, following a Rs 1393.11 crore order for a Delhi urban extension road. Total disclosed order book for the last three quarters stands at Rs 13912.63 crore, providing 11.27 quarters of backlog coverage. Q1FY27 financials showed a net loss of Rs 44.50 crore with OPM declining to 14.25%, indicating execution stress. Balance sheet metrics show tight liquidity with a Current Ratio of 1.16x and elevated leverage at 2.32x.

HG Infra completes ₹1.88 crore acquisition of Ranipur Chunar SPV

H.G. Infra Engineering Ltd acquired 100% equity in Ranipur Chunar Power Transmission Limited. Total consideration for the deal stands at ₹1.88 crore, paid entirely in cash. Acquisition aligns with strategic goal to expand footprint in power transmission sector. Target SPV holds rights to a 35-year concession project in Uttar Pradesh.

HG Infra Engineering receives ₹9.4 Cr GST notice from Karnataka

H.G. Infra Engineering received a GST show cause notice for ₹94,00,00,328. The notice was issued by the Deputy Commissioner of Commercial Taxes, Bengaluru. Allegations involve input tax credit and turnover reconciliation for FY23. The company disputes the findings and expects no material financial impact.

HG Infra pays ₹18.43 cr NCD interest including ₹1.38 cr penalty

H.G. Infra Engineering paid ₹18.43 crore in NCD interest on August 31, 2026. The payment covered the half-yearly period ended August 2026 for its ₹400 crore NCD issue. A ₹1.38 crore penalty was included for a covenant breach in Q4FY26. The base interest amount was ₹17.05 crore, with the penalty adding ~8% to the cost. Compliance was certified under SEBI LODR Regulation 57.