
Merger18 Aug 2026, 07:10 pm
HEG Ltd Receives NCLT Sanction for Composite Scheme of Arrangement
AI Summary
HEG Ltd announced that the National Company Law Tribunal (NCLT), Indore Bench, has sanctioned the Composite Scheme of Arrangement. This scheme involves HEG Limited (Demerged/Transferee Company), HEG Graphite Limited (Resulting Company), and Bhilwara Energy Limited (Transferor Company). The sanction order was passed on August 13, 2026, and uploaded on August 18, 2026. The scheme will become effective upon the filing of the certified copy of the NCLT order with the Registrar of Companies. Certified copies are currently awaited.
Key Highlights
- NCLT Indore sanctions composite scheme of arrangement.
- Scheme involves HEG Ltd, HEG Graphite Ltd, and Bhilwara Energy Ltd.
- Effective date contingent on filing certified NCLT order.
- Certified copies of the order are awaited.
Price Impact
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