Investment9 Sept 2025, 05:01 pm
HEG Ltd: Singularity Growth Opportunities Fund II Invests INR 250 Crore in Bhilwara Energy Limited
AI Summary
HEG Ltd has informed about the investment of an aggregate amount of approx. ~INR 250 crore by Singularity Growth Opportunities Fund II and its Affiliates in Bhilwara Energy Limited (BEL). The investment is in consideration for subscription, allotment, and issuance of 1,75,95,979 equity shares of face value INR 10 each at Rs 142.08 per share by BEL. Post the allotment, the Investors holdings will increase from 9.6% to 17.51% of BEL. This is a material development following the earlier disclosure under Regulation 30 of SEBI Listing Regulations.
Key Highlights
- Singularity Growth Opportunities Fund II invests INR 250 crore in Bhilwara Energy Limited
- Investment is for subscription, allotment, and issuance of 1,75,95,979 equity shares
- Post-investment, Investors' holding will increase from 9.6% to 17.51%
- This is a material development following the earlier disclosure under Regulation 30 of SEBI Listing Regulations