HEG Ltd: Promoter Group Shareholding Changes Post Scheme of Arrangement

AI Summary

HEG Ltd has filed a disclosure regarding changes in shareholding by the promoter group, LNJ Spark Advisory LLP & Others, following a scheme of arrangement. The promoter group's total shareholding in HEG Advanced Materials Limited (formerly HEG Limited) has increased from 56.28% to 60.72%. This change is a result of the allotment of shares pursuant to the scheme, which became effective on September 12, 2026. The total number of equity shares of the company has also increased.

Key Highlights

Promoter group's stake in HEG Advanced Materials increased to 60.72%.
Acquisition of shares occurred via a scheme of arrangement.
Total shares outstanding increased post-allotment.
Disclosure filed under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

View BSE Filing

HEG

Electrodes & Refractories

HEG LTD.

Price Impact