Major infra companies sign MoU

H G Infra Engineering Limited Board of Directors has approved the company entering into a share purchase agreement with Highway Infrastructure Trust , Highway Concessions One Private Limited, H.G. Ateli Narnaul Highway Private Limited, H.G. Rewari Ateli Highway Private Limited, Gurgaon Sohna Highway Private Limited and H.G. Rewari Bypass Highway Private Limited (“SPA™) pursuant to which the company shall sell its 100% (one hundred percent) shareholding in four wholly owned subsidiaries namely: (a) Gurgaon Sohna Highway Private Limited; (b) H.G. Rewari Ateli Highway Private Limited; (c) H.G. Ateli Narnaul Highway Private Limited: and (d) H.G. Rewari Bypass Private Limited, (collectively referred to as “SPVs”) to the Buyer.

H G Infra began its journey in 2003 as H.G. Infra Engineering Limited (HGIEL), an infrastructure company promoted by Hodal Singh, a stalwart with 40 years of experience in the construction sector.

The company made its debut with a primary focus on highways, roads and bridges.

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