NSEPendency of Litigation(s)/dispute(s) or the outcome impacting the Company6 Oct 2026 · 6 Oct 2026, 01:24 pm
Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
H.G. Infra Engineering Limited · HGINFRA
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H.G. Infra Engineering Limited has informed the Exchange that the Deputy Commissioner of Commercial Taxes, Bengaluru, Karnataka, has dropped the entire demand of Rs. 94.00 crore in its entirety and closed the show cause notice proceedings with NIL Demand of Tax, Interest & Penalty.
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Earnings Impact0/10
Growth Catalyst0/10
Governance Concern0/10
Regulatory Risk0/10
Balance Sheet Risk0/10
Liquidity Impact0/10
Market Sentiment8/10
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H.G. Infra Engineering Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
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HGIEL/HO/COMPLIANCE/2026-27/705 October 06, 2026
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G,
Dalal Street, Bandra Kurla Complex, Bandra (East),
Mumbai- 400 001 Mumbai- 400 051
Scrip Code: 541019/977063 Scrip Symbol- HGINFRA
Dear Sir/Madam,
Sub: Intimation under Regulations 30 & 51 of SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 (‘SEBI Listing Regulations’)
Pursuant to Regulations 30 and 51 of the SEBI Listing Regulations and in continuation to our earlier
announcement dated September 16, 2026, in relation to the Show Cause Notice issued by The Deputy
Commissioner of Commercial Taxes, Bengaluru, Karnataka, this is to inform that the Company had submitted
its detailed reply to the notice and based on the merits, an Order has been passed by the Deputy Commissioner
of Commercial Taxes on October 05, 2026, for dropping the entire demand of Rs. 94.00 crore in its entirety
and closure of the show cause notice proceedings with NIL Demand of Tax, Interest & Penalty.
This information will also be hosted on the Company’s website, at www.hginfra.com
This is for your information and record.
Thanking you,
Yours faithfully,
For H.G. Infra Engineering Limited
Ankita Mehra
Company Secretary & Compliance Officer
Mem. No.: A33288