HG Infra Share Price Surges as it Invests ₹48.52 Crore in Wholly Owned Subsidiary HG Banaskantha BESS

 H.G. Infra Engineering Limited has strengthened its investment in the energy storage segment by subscribing to equity shares of its wholly owned subsidiary, H.G. Banaskantha Bess Private Limited. 

₹48.52 Crore Investment Through Rights Issue 

The company has infused ₹48.52 crore into the subsidiary via a rights issue, acquiring equity shares as part of the transaction.  

This investment represents a strategic capital allocation aimed at supporting the subsidiary’s growth and operational development. 

Expansion Into Battery Energy Storage Segment 

The subsidiary operates in the battery energy storage systems (BESS) space, a critical segment within the evolving energy infrastructure ecosystem.  

The investment aligns with the company’s broader objective of expanding into future-focused energy solutions. 

Wholly Owned Structure Ensures Full Control 

As the entity remains a wholly owned subsidiary, the transaction falls under related party classification. However, no additional promoter group interest exists beyond the company’s existing shareholding, maintaining a clear ownership structure. 

H.G. Banaskantha Bess Private Limited was incorporated in December 2024 and currently has no reported turnover. The fresh capital infusion is expected to support initial scale-up and business expansion in the coming phases. 

Read More: H.G. Infra Engineering Wins ₹401.33 Crore Railway Infrastructure Project in Madhya Pradesh! 

HG Infra Engineering Share Price Performance  

As of March 24, 2026, at 9:15 AM, HG Infra Engineering share price is trading at ₹485.95 per share, reflecting a surge of 3.92% from the previous closing price.  

Conclusion 

This investment marks HG Infra’s strategic entry into energy storage, positioning the company to tap emerging opportunities in the evolving power and infrastructure landscape. 

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