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Private Sector | Multi State - India | PID: 204128
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HG Infra Engineering has completed the sale of its entire 100 percent stake in Rewari Bypass to Highways Infrastructure Trust for Rs 133.03 crore.
The deal, initially announced in May 2023, was finalised on February 20, 2025, following shareholder approval at the company’s 22nd AGM in August 2024. Rewari Bypass contributed Rs 60.92 crore in revenue for FY24.
The transaction, executed outside any scheme of arrangement, is not a related-party deal, and further aligns with HG Infra’s strategy of asset monetization and capital optimisation.
| Updated on: 11 - Mar - 2025
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