HEG Ltd: Scheme of Arrangement Effective Sept 1, 2026; Record Date Sept 7

AI Summary

HEG Ltd announced that its Board of Directors has approved making the Composite Scheme of Arrangement effective from September 1, 2026. The record date for determining eligible shareholders for consideration under the scheme has been fixed as September 7, 2026. The scheme involves the demerger of an undertaking into HEG Graphite Limited and amalgamation of Bhilwara Energy Limited with HEG Ltd. Changes in key management personnel and directorships are also effective from September 1, 2026, following the scheme's effectiveness.

Key Highlights

Composite Scheme of Arrangement effective September 1, 2026.
Record date for scheme consideration set as September 7, 2026.
Demerger into HEG Graphite and amalgamation with Bhilwara Energy approved.
Key management and director changes effective September 1, 2026.
Shareholders to receive shares in HEG Graphite and HEG Ltd.

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HEG

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HEG LTD.

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