Cost of Acquisition Apportionment under HEG Demerger Scheme
HEGAM · price
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NCLT Indore approved the composite scheme on Aug 13, 2026 for demerger of HEG's Graphite Business into HEG Graphite Limited. Shareholders received 1 HEG Graphite share for every 1 HEG Advanced Materials share held (record date Sep 7, 2026). For tax purposes, the pre-demerger cost of acquisition is split 27.60% to HEG Advanced Materials and 72.40% to HEG Graphite. The demerger is tax neutral under the IT Act.
Shareholders must split original cost of acquisition between HEG Advanced Materials (27.60%) and HEG Graphite (72.40%) for future capital gains tax.