HG Infra Divests Remaining Stake in Raipur-Visakhapatnam SPV
MT Newswires Live
Jul 24
HG Infra Engineering (BOM:541019, NSE:HGINFRA) has transferred its remaining 51% stake in HG Raipur Visakhapatnam OD-5 to Neo Infra Income Opportunities Fund, according to a Thursday exchange filing.
Following the transaction, the special purpose vehicle has ceased to be a subsidiary of the company.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.