Transaction Details
- Target Entity: H.G. Gujarat Bess Private Limited (CIN: U35100RJ2025PTC099848)
- Investment Amount: ₹33.80 crore
- Investment Type: Subscription to Rights Issue
- Transaction Date: August 06, 2026 (completed)
- Consideration Type: Cash consideration
Share Acquisition Details
- Number of Shares Acquired: 130,000 equity shares
- Issue Price per Share: ₹2,600 (includes face value of ₹10 per share)
- Total Investment: ₹33.80 crore
Subsidiary Company Background
- Incorporation Date: February 05, 2025
- Authorized Capital: ₹28,00,000
- Subscribed and Paid-up Capital: ₹15,00,000 (pre-investment)
- Business Sector: Battery energy storage system
- Financial History: Turnover was Nil as of March 31, 2026
Regulatory and Compliance Aspects
- Related Party Transaction: Yes, as H.G. Gujarat Bess Private Limited is a wholly owned subsidiary
- Arm's Length Basis: The transaction is conducted at arm's length
- Promoter/Promoter Group Interest: No additional interest beyond the company's shareholding
- Government Approvals: Not applicable for this acquisition
Corporate Purpose
The investment was made for the expansion of business into the battery energy storage system sector.
Additional Information
The disclosure has been uploaded on the company's website at www.hginfra.com as required by SEBI regulations.