HEG Limited has informed the Exchange about Notice of meetings of equity shareholders, secured creditors and unsecured creditors of HEG Limited ( Company ) convened pursuant to the directions of the Hon'ble National Company Law Tribunal, Indore Bench ( Tribunal )
HEG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.6 pts less than Nifty Smallcap 250 and 0.6 pts less than its Electrodes & Refractories peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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HEG Limited has announced meetings for equity shareholders, secured creditors, and unsecured creditors scheduled for May 5, 2026, to consider a Composite Scheme of Arrangement involving HEG Limited, HEG Graphite Limited, and Bhilwara Energy Limited. The National Company Law Tribunal (NCLT), Indore Bench directed these meetings on March 26, 2026. The meetings will be conducted via video conferencing. Equity shareholders meeting is at 2:00 PM, secured creditors at 3:30 PM, and unsecured creditors at 4:30 PM on the same day. Remote e-voting for equity shareholders runs from May 1-4, 2026.
This indicates a corporate restructuring through amalgamation rather than financial distress. Shareholders and creditors will vote on the proposed scheme. Positive for shareholders if the consolidation creates operational synergies.