H.G. Infra Engineering Limited has incorporated a wholly owned subsidiary company named "H.G. Buildskills Private Limited" on July 10, 2026. The incorporation was disclosed pursuant to Regulations 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Subsidiary Details
- Name: H.G. Buildskills Private Limited
- Business Activity: Learning, training and development consultancy
- Incorporation Date: July 10, 2026
- Country of Operation: India
- Business Status: Yet to commence operations
Capital Structure
- Authorized Capital: ₹15,00,000 divided into 1,50,000 equity shares of ₹10 each
- Subscribed Capital: ₹1,00,000 divided into 10,000 equity shares of ₹10 each
- Initial Subscription: ₹1,00,000 for 10,000 equity shares of ₹10 each
Ownership and Control
- Shareholding Percentage: 100% ownership by H.G. Infra Engineering Limited
- Control: Complete control acquired through share subscription
Transaction Details
- Consideration Type: Cash consideration
- Transaction Classification: Related party transaction (as a wholly owned subsidiary)
- Arm's Length: Transaction conducted at arm's length
- Other Interests: No interest by promoters/promoter group/group companies beyond the shareholding and directorship
Regulatory Aspects
- Governmental/Regulatory Approvals: Not applicable
- Timeframe for Completion: Not applicable (already completed)
Impact and Purpose
- Purpose: To carry out activities in the field of learning, training and development consultancy
- Financial Impact: No immediate impact on the company as it is a newly incorporated entity yet to commence operations
- Business Line: Outside the main line of business of H.G. Infra Engineering Limited (infrastructure)
Historical Context
- The subsidiary is newly incorporated with no historical turnover or operational history
- No significant background information available beyond incorporation details