H.G. Infra Engineering Limited has incorporated a wholly owned subsidiary, namely H.G. Jaipur Solar Project Private Limited. H.G. Jaipur Solar Project Private Limited (CIN- U35100RJ2024PTC095001) Authorized, Subscribed and Paid-up share capital: INR 1,00,000/- divided into 10,000 equity shares of INR 10/- each. Turnover: Not applicable (Yet to commence business operations).

The transaction may be considered a related party transaction as the investment is in a step- down subsidiary as a 100% subsidiary of H.G. Solar Projects Private Limited (a wholly owned subsidiary of H.G. Infra Engineering Limited (the "Company"). Ms. Poonam Singh Choudhary and Mr. Navneet Choudhary, directors of H.G. Jaipur Solar Project Private Limited, belong to the promoter group of the Company. The shares have been subscribed at par and at arm's length.

H.G. Jaipur Solar Project Private Limited will carry out business in the field of Solar Power. Impact of acquisition: As it is a newly incorporated company, there is no impact on the Company as of now. Initial subscription to the share capital of INR 100,000/- divided into 10,000 Equity Shares of INR 10/- each.