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H.G. Infra Engineering Limited — Capital/Financing Update 2020
Feb 18, 2020
64158_rns_2020-02-18_576bff59-a468-42bb-a8d1-c59b902c8bcc.pdf
Capital/Financing Update
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February 18, 2020
BSE Limited P.J. Towers, Dalal Street, Mumbai-400001 Scrip Coder 541019
Dear Sir/Madam,
Sub- Intimation regarding achievement of Financial Closure of H.G. Ateli Narnaul Highway Private Limited
National Stock Exchange of India Limited Exchange Plaza. Bandra Kurla Complex,
Bandra (East), Mumbai-400051 Scrip Symbol-HGINFRA
ln continuation to our earlier announcements and in accordance with the provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosures Requirements) Regulations, 2015, we are pleased to inform you that H.G. Ateli Narnaul Highway Private Limited, wholly owned subsidiary of H.G. Infra Engineering Limited ("HGIEL") has received the financial closure letter dated February 17, 2020 from the National Highways Authority of India.
The details of the project are as under:
| Name of SPV and Project | HGIEL BidProject Cost(INR in Cr.) | ls' year0&M quote(INR in Cr,) | ConstructionPeriod | OperationPeriod | Date ofFinancialClosure |
|---|---|---|---|---|---|
| H.G. Ateli Narnaul mghwayPrivateLimitedConstructionofproposedNarnaulBypass(designlength24.0kin)&AteliManditoNamaulsectionofNH-llfromkin43.445tokin56.900(designlength]4.0kin)asanEconomicCorridor&Feederrouteinthestateof`HaryanaonHybridAnnuityMode | 952.11 | 5.00 | 910 Days | 15 Years | 19.12.2019 |
Further, in accordance with the provisions of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 and Company's Code of Conduct for the Prevention of Insider Trading, the Trading Window for dealing in the securities of the company shall remain closed for Designated Persons and Specified Persons till February 20, 2020.
This is for your information and appropriate dissemination.
Thanking you,