H.G. Infra Engineering establishes new clean energy subsidiary
H.G. Infra Engineering Limited announced the incorporation of a wholly-owned subsidiary, H.G. Clean Energy Solutions Private Limited, on November 20, 2025. This new entity will focus on business activities related to solar, green hydrogen, and battery energy storage systems, marking the company's entry into the renewable energy sector.
The newly formed subsidiary has an authorized and subscribed capital of INR 15,00,000, divided into 1,50,000 equity shares of INR 10 each. The incorporation is classified as a related party transaction.
As a newly incorporated company, H.G. Clean Energy Solutions Private Limited is yet to commence business operations, thus having no immediate impact on H.G. Infra Engineering Limited. This strategic move aligns with the company's objective to diversify its business interests into the energy storage system sector.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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