H.G. Infra Engineering Limited — Capital/Financing Update 2019

Apr 5, 2019

	Project	NHAI	Mode	HGIEL,s	lsl year	Completion	Operation	Length
		Bid Cost(InCr.)		Bid Price(INRinCr.)	0&M(INRinCr.)	Period	Period	in Kin.
Construction	ofproposedNamaulBypass(designlength24.0kin)-AteliManditoNamaulsectionofNH-11fromkin43.445tokin56.900(designlength14.0kin)asanEconomicCorridor-FeederrouteinthestateofHaryanaonHybridAnnuityMode
		765.50	HAM	952. I I	5.00	910 Days	15 Years	14

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S.N	Particulars	Details
a.	Name of the target entity, details in briefsuch as	H.G. Ate]i Narnaul Private Limited
	size, turnover etc	It is a newly incorporated Company with a paid up
		capital of Rs 15,00,000/-(Rupees Fifteen lakh Only).
b.	Whether the acquisition would fall within	lt is a Wholly Owned Subsidiary of the Company and
	related party transaction(s) and whether the	Promoter of the Company is also Director in Wholly
	promoter/ promoter group/ group companies	Owned Subsidiary Company.
	have any interest in the entity being acquired? If
	yes, nature of interest and details thereof and	The said company has Incorporated as per
	whether the same is done at "arm's length";	requirement of RFP documents received from
		National Highways Authority of lndia` letter is also
		attached for your ready reference.
C.	Industry to which the entity being acquired	Infrastructure Industry
	belongs;
d.	Objects and effects of acquisition (including but	Incorporated as a Wholly owned Subsidiary of the
	not limited to, disclosure of reasons for	Company for carrying out objects as defined in the
	acquisition of target entity, if its business is	National Highways Authority of lndia.
	outside the main line of business of the listedentity);
e.	Brief details of any governmental or regulatory	N.A
	approvals required for the acquisition;
f.	indicative time period for completion of the	N.A
	acquisition;
9.	Nature of consideration - whether cash	Cheque/RTGS
	consideration or share swap and details of the
	Same;
h.	Cost of acquisition or the price at which the	Rs 15,00,000/-(Rupees Fifteen Lakhs)
	shares are acquired;	Acquisition of Shares at par.
I	Percentage of shareholding / control acquired	I00%
	and / or number of shares acquired;	The Company has been incorporated as a Wholly
		owned Subsidiary Company.
j.	Brief background about the entity acquired in	H.G. Ateli Narnaul Private Limited has been
	terms of products/line of business acquired, date	incorporated as a Wholly owned subsidiary and being
	of incorporation, history of last 3 years turnover,	a newly incorporated entity, history of last three years
	country in which the acquired entity has	turnover is not applicable.
	presence and any other significant information
	(in brief);