Merger5 May 2026, 07:41 pm
HEG Ltd: Unsecured Creditors Approve Scheme of Arrangement
AI Summary
HEG Limited's unsecured creditors approved the Composite Scheme of Arrangement involving HEG Graphite Limited and Bhilwara Energy Limited during a meeting held on May 5, 2026. The meeting, conducted via video conferencing, followed an order from the National Company Law Tribunal (NCLT), Indore Bench. Remote e-voting was available prior to and during the meeting. The results of the e-voting and the Scrutinizer's Report will be submitted separately.
Key Highlights
- HEG Ltd held a meeting for unsecured creditors on May 5, 2026, via video conference.
- The meeting addressed the Composite Scheme of Arrangement with HEG Graphite and Bhilwara Energy.
- Unsecured creditors approved the scheme via remote e-voting and e-voting during the meeting.
- Mr. Ritesh Kumar Sharma chaired the meeting, assisted by Company Secretary Mr. Vivek Chaudhary.
- Voting results and the Scrutinizer's Report will be submitted separately.