Mumbai: Infrastructure and consulting firm High Ground Enterprises Ltd (HGEL) has received approval for listing on the National Stock Exchange.
The diversified Mumbai-based company, already listed on the Bombay Stock Exchange, specialises in third-party certifications and audits.
It led the audit of school infrastructure for Sarva Sikhsha Abhiyaan as well as audits of rural infrastructure. It also certifies petrol pumps for PSUs like IOC and HPCL and has interests in engineering, procurement and construction management (EPMC), stone quarrying and the media.
“Listing on NSE would deepen the market and encourage increased participation from investors in our wealth-creation journey. Being listed on both NSE and BSE will boost our corporate governance practices and ensure much better price discovery, benefiting minority shareholders,” Sandeep Arora, HGEL Chairman, said in a statement.