H G Infra Engineering Ltd. enters into SPA with Highway Infrastructure Trust.

The Board of Directors of H.G. Infra Engineering Limited ("Company") in its meeting held on May 02, 2023 has approved the Company entering into a share purchase agreement with Highway Infrastructure Trust ("Buyer"), 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.

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