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HEG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
HEG Limited held a meeting of its unsecured creditors on May 5, 2026, convened under NCLT Indore Bench directions, to consider a Composite Scheme of Arrangement. The scheme involves HEG Limited, HEG Graphite Limited, and Bhilwara Energy Limited under Sections 230-232 of the Companies Act, 2013. The meeting was conducted via video conferencing and lasted about 25 minutes. Unsecured creditors were able to vote through remote e-voting (May 1-4, 2026) and e-voting during the meeting. A scrutinizer was appointed to oversee the voting process. Detailed voting results and the scrutinizer's report will be submitted separately.
This NCLT-convened meeting is a key procedural step in the proposed restructuring. If approved, the Composite Scheme could significantly alter the corporate structure involving these three companies, with implications for stakeholders of all entities.