HEG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
HEG Limited has submitted newspaper clippings regarding a Notice of Hearing for its Composite Scheme of Arrangement involving HEG Graphite Limited and Bhilwara Energy Limited. The hearing is scheduled before the NCLT Indore Bench on June 4, 2026. This scheme was admitted by NCLT vide order dated May 14, 2026. Under this arrangement, HEG Graphite Limited (demerged company) would be transferred, while Bhilwara Energy Limited acts as the transferor. Any person wishing to support or oppose must send written notice to the petitioners' advocates at least two days before the hearing date.
This Composite Scheme of Arrangement represents a significant corporate restructuring that could alter the group structure, business operations, and shareholder value of HEG Limited. Shareholders should monitor the NCLT proceedings as approval would impact the company's demerger and equity structure.