HG Infra Sells 100% Equity in Rewari Bypass to Highways Infrastructure Trust

H.G. Infra Engineering sold its 100% equity stake for ₹133.03 crore after shareholder approval, with the subsidiary having a minor impact on revenue and net worth.

Sale of Subsidiary

H.G. Infra Engineering Limited has completed the sale of its entire 100% stake in Rewari Bypass Private Limited, a wholly-owned subsidiary, to Highways Infrastructure Trust. This transaction involved transferring 14,38,065 equity shares.

Financial Impact 

Rewari Bypass Private Limited contributed ₹60.92 crore to the company’s total revenue, making up 0.12% of consolidated earnings. Additionally, its net worth stood at ₹105.82 crore, representing 4.56% of the company’s overall net worth.

Transaction Details

The sale was executed under a Share Purchase Agreement and was approved by shareholders. The company received ₹133.03 crore as full consideration for the sale. The sale is in line with HG Infra’s strategy to generate value by monetising assets and efficiently allocating capital within its infrastructure portfolio.

About the company 

H.G. Infra Engineering Limited is a construction company specialising in infrastructure development, including highways, roads and bridges. It focuses on executing high-quality projects with efficiency and innovation. The company has a strong presence in the sector, undertaking projects across various regions to contribute to national infrastructure growth.

Share Performance 

As of February 21, 2025, at 9:30 AM, the shares of H.G. Infra are trading at ₹1,142.30 per share, reflecting a surge of 1.07% from the previous day’s closing price. Over the past month, the stock has registered a loss of 14.89%. The stock’s 52-week high stands at ₹1,879.90 per share while its 52-week low is ₹855.80 per share.

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