HEG Ltd Scheme of Arrangement Effective September 1, 2026

HEG Ltd announced that the National Company Law Tribunal (NCLT), Indore Bench, has sanctioned the Composite Scheme of Arrangement involving HEG Limited, HEG Graphite Limited, and Bhilwara Energy Limited. The scheme will become effective on September 1, 2026. A record date of September 7, 2026, has been fixed for determining shareholders eligible for consideration. Shareholders of HEG Ltd will receive one equity share of HEG Graphite Limited for every equity share held. Additionally, HEG Ltd will issue 8 equity shares for every 7 equity shares of Bhilwara Energy Limited as part of the amalgamation. The filing also details significant management changes, including appointments and cessations of Key Managerial Personnel and Directors, effective from the scheme's effectiveness date.