HEG Limited has informed the Exchange regarding a press release dated July 22, 2025, titled "Disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Update on Wholly Owned Subsidiary".
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HEG's wholly-owned subsidiary TACC Limited has signed a Memorandum of Understanding (MoU) with the National Council for Cement and Building Materials (NCB), a government research body under DPIIT, to jointly develop sustainable and high-performance concrete using TACC's graphene-based additives. The collaboration aims to improve concrete strength, durability, and lower carbon emissions, aligning with India's net-zero commitments. TACC, part of the LNJ Bhilwara Group, specializes in synthetic graphite and graphene derivatives. No financial terms, timelines, or revenue expectations were disclosed in the announcement.
This is a positive signal for HEG shareholders as it points to a new commercial use-case for its subsidiary's graphene technology in the construction sector, potentially opening a future revenue stream. Short-term stock impact is likely muted since only an MoU has been signed with no financial details or concrete timelines shared.