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H.G. Infra Engineering Ltd. ( (IN:HGINFRA) ) has provided an update.
H.G. Infra Engineering has disclosed that its Chairman and Managing Director, Harendra Singh, has received interim protection from the Court of Special Judge, CBI-1, Patna, which has directed that no coercive action be taken against him in connection with a CBI case in which he has been named in an FIR, according to information on the CBI’s website. The company stressed that it has been fully cooperating with the CBI, is seeking certified copies of the FIR and related documents through the court, and continues to conduct business as usual while reaffirming its commitment to high standards of corporate governance, transparency and timely disclosure of any further developments to the stock exchanges.
More about H.G. Infra Engineering Ltd.
H.G. Infra Engineering Limited is an Indian infrastructure and engineering company, listed on BSE and NSE, operating primarily in the construction and development of infrastructure projects. The company positions itself as a professionally managed entity committed to corporate governance, regulatory compliance and transparent disclosure to capital market stakeholders.
Average Trading Volume: 24,445
Technical Sentiment Signal: Sell
Current Market Cap: 38.23B INR
Find detailed analytics on HGINFRA stock on TipRanks’ Stock Analysis page.