HEG Limited has informed the Exchange regarding a press release dated August 30, 2025, titled "Update on Wholly Owned Subsidiary".
HEG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
HEG Limited's wholly owned subsidiary TACC Limited has signed a Technical Collaboration Agreement with Ceylon Graphene Technologies (CGT), a subsidiary of Sri Lanka's LOLC Holdings PLC, to jointly commercialize graphene and its derivatives. Under the deal, CGT will contribute its decade-long expertise in graphene scale-up and application development, while TACC will bring its proprietary graphene synthesis process and deep experience in graphite technology and carbon science. The partners will collaborate on engineering design, production scale-up, product validation, feasibility studies, and environmental compliance. TACC already has active graphene collaborations with NCB, CRRI, Birla Cellulose (Grasim Industries) and RSWM Limited in construction and textiles. No deal value, equity stake, or financial details were disclosed.
This is a strategic, non-financial collaboration that strengthens TACC's position in next-generation advanced materials and gives HEG indirect exposure to the growing graphene market. Positive for the long-term growth narrative, but no immediate impact on earnings or share price is expected since no monetary terms or equity changes were announced.