NSEGeneral Updates2 Jul 2026 · 2 Jul 2026, 03:28 pm

General Updates

HEG Limited · HEG

✦ AI SummaryRegulatory

HEG Limited has informed the Exchange about the update on the Composite Scheme of Arrangement, with the Hon'ble National Company Law Tribunal (NCLT) reserving its order during the hearing held on July 2, 2026. The order is awaited, and the company will inform the exchange upon its pronouncement.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment5/10

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Full Announcement

HEG Limited has informed the Exchange about Update on Composite Scheme of Arrangement.

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HEG_02072026152733_Stxintimation_02072026S.pdf

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HEG/SECTT/2026 July 2, 2026 1 BSE Limited 2 National Stock Exchange of India Limited P J Towers Exchange Plaza, 5th Floor Dalal Street Plot No.C/1, G Block, Bandra - Kurla Complex MUMBAI - 400 001. Bandra (E), MUMBAI - 400 051. Scrip Code : 509631 Scrip Code : HEG Subject: Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“LODR Regulations”) for the proposed Composite Scheme of Arrangement amongst HEG Limited (“Company” or “Demerged Company” or “Transferee Company”) and HEG Graphite Limited ("Resulting Company") and Bhilwara Energy Limited (“Transferor Company” or “BEL”) and their respective shareholders and creditors (“Scheme”). Dear Sir/ Madam This is with reference to our earlier intimation dated March 10, 2025, on the above subject. Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the in relation with the Company Scheme Petition No. C.P.(CAA)/3/MP/2026 connected with Company Scheme Application No. C.A.(CAA)/1/MP/2026, the Hon'ble National Company Law Tribunal (“NCLT”), Indore Bench, has reserved its order during the hearing held today, i.e., July 2, 2026. The order is awaited, and we shall duly inform BSE Limited and National Stock Exchange of India Limited upon its pronouncement and subsequent upload on the NCLT website. We request you to kindly take the above information on record. Thanking you, Yours faithfully, For HEG Limited (Vivek Chaudhary) Company Secretary M.No. A-13263 heg.investor@lnjbhilwara.com