HECPROJECT NSE filing

HEC Infra Projects Incorporates Wholly Owned Subsidiary Shivam Grid Solutions Private Limited

The RealCase readLow impact Neutral

HEC Infra Projects Limited has incorporated a new wholly-owned subsidiary, Shivam Grid Solutions Private Limited (SGSPL), on July 28, 2026. SGSPL will provide electrical, mechanical, and engineering support services. HEC Infra Projects invested ₹5,10,000 for a 51% stake.

Why it matters

The incorporation of a subsidiary, especially one with minimal initial investment and no turnover, is unlikely to have a significant immediate impact on the parent company's financial performance.

The market read

The incorporation of a subsidiary is a routine corporate action and does not inherently present a positive or negative financial impact at this stage.

HEC Infra Projects Limited has announced the incorporation of its wholly-owned subsidiary, Shivam Grid Solutions Private Limited (SGSPL), on 28th July 2026. This move follows a proposal intimated on 14th July 2026.

The new entity, registered with the Registrar of Companies, Central Registration Centre, Ministry of Corporate Affairs, will operate in the electrical, mechanical, and engineering support services sector, including technical manpower supply.

SGSPL has an authorised and paid-up share capital of ₹10,00,000 each. HEC Infra Projects Limited has subscribed to 51,000 equity shares of ₹10 each, amounting to ₹5,10,000, thereby holding a 51% stake in the subsidiary. The consideration was paid in cash through subscription to the Memorandum & Articles of Association. The subsidiary is recently incorporated and has no turnover as of yet.

Filing to action

What to do with a filing like this

HEC Infra Projects Limited filed this with the NSE as a statutory disclosure, categorised under other corporate actions. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.

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Primary source

A plain-language summary of a public exchange filing by HEC Infra Projects Limited. Read the original for the full detail.

View original filing