HEGNSEHEG Limited· ElectrodesMinimalNeutral
Announced Fri, 3 Apr · 14:07 IST

HEG Limited has informed the Exchange about Copy of Newspaper Publication regarding Notice of the meeting of Equity Shareholders, Secured Creditors and Unsecured Creditors as per directions of the Hon ble National Company Law Tribunal, Indore Bench ( Tribunal ) and E-Voting information

HEG · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-1.2%1-day move
₹550.00
prior close
₹553.90
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.5-1.5-0.7+1.4-1.2+2.6+1.6+1.8+2.7+14.2+20.1+7.8-4.5-1.0
Up moveDown movePending
AI summary

HEG Limited has published newspaper notices (Business Standard and Nav Bharat) on April 3, 2026, informing stakeholders about NCLT Indore Bench-ordered meetings to consider a Composite Scheme of Arrangement involving HEG Limited (Demerged/Transferee Company), HEG Graphite Limited (Resulting Company), and Bhilwara Energy Limited (Transferor Company). The meetings will be held on Tuesday, May 5, 2026 via video conferencing: equity shareholders at 2:00 PM, secured creditors at 3:30 PM, and unsecured creditors at 4:30 PM. Remote e-voting will run from May 1, 2026 (9:00 AM) to May 4, 2026 (5:00 PM). Cut-off date for equity shareholders is April 28, 2026, and for creditors is March 31, 2026. Mr. Ritesh Kumar Sharma (Advocate) is the Chairperson and Mr. S. Alam Khan is the Scrutinizer. The scheme is being pursued under Sections 230-232 of the Companies Act, 2013.

Likely market impact

Shareholders and creditors should review the scheme documents and exercise their voting rights during the e-voting window. Approval at these meetings is a key step toward the scheme's implementation, though it remains subject to subsequent NCLT sanction and other regulatory approvals.