H.G. Infra Engineering Limited (HGIEL) and its employees, have committed Rs. 2.5 crore to support the fight against COVID-19 pandemic outbreak.
The Company has contributed Rs. 1.5 crore to the Rajasthan Chief Minister Covid-19 Relief Fund to support the government in its relief and rehabilitation measures towards the ongoing COVID-19 pandemic.
The management and employees of the Company have also committed a minimum of one-day's salary as contribution to the PM-CARES Fund. It is estimated that around Rs. 50 Lakh will be collectively provided by the promoters, management and employees to the PM-CARES Fund. The employees' contribution is voluntary.
In addition to the aforesaid financial contribution to the Rajasthan Chief Minister Covid-19 Relief Fund and PM-CARES Fund, the Company has set aside a fund of Rs. 50 Lakh to help and support Corona Warriors and Needy Sections of society by distribution of food/meals, gloves, masks, hand sanitisers, etc. and other related support to fight against COVID-19.
Mr. Harendra Singh, Chairman and Managing Director of H.G. Infra Engineering Limited, said, "HG Infra remains committed to support India's response to the Covid-19 challenge and will continue to build up its support till the challenge is overcome."
Shares of H.G. Infra Engineering Ltd was last trading in BSE at Rs.159 as compared to the previous close of Rs. 166.75. The total number of shares traded during the day was 297 in over 23 trades.
The stock hit an intraday high of Rs. 166.35 and intraday low of 159. The net turnover during the day was Rs. 48056.