HEG Ltd: Singularity Funds Disclose Shareholding Changes

HEG Ltd has received a disclosure under SEBI's Substantial Acquisition of Shares & Takeovers Regulations, 2011, from Singularity Equity Fund I and its associated entities. The filing details significant shareholding changes, with Singularity Equity Fund I and Singularity Growth Opportunities Fund II acquiring substantial stakes. The total acquisition by these entities amounts to 43,070,852 shares, representing 13.04% of the total diluted share capital. This transaction is part of a Composite Scheme of Arrangement involving HEG Advanced Materials Limited (formerly HEG Limited) and other related entities, sanctioned by the NCLT.