HEGNSEHEG Limited· ElectrodesMediumNeutral
Announced Thu, 2 Apr · 20:14 IST

HEG Limited has informed the Exchange regarding Notice of meetings of equity shareholders of HEG Limited ( Company ) convened pursuant to the directions of the Hon'ble National Company Law Tribunal, Indore Bench ( Tribunal ) to be held on May 05, 2026 at 02:00 PM (IST).

Nclt Scheme FiledStrategic Transactions View source PDF

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
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AI summary

HEG Limited has announced NCLT-directed meetings for equity shareholders, secured creditors, and unsecured creditors scheduled for May 5, 2026. The meetings are for considering and approving a Composite Scheme of Arrangement involving HEG Limited, HEG Graphite Limited, and Bhilwara Energy Limited. The equity shareholders meeting will be held at 2:00 PM IST through video conferencing, with e-voting starting May 1, 2026 and ending May 4, 2026. The NCLT Indore Bench had issued directions on March 26, 2026 for convening these meetings. This is a court-monitored corporate restructuring process under Sections 230 to 232 of the Companies Act, 2013.

Likely market impact

This NCLT-monitored scheme of arrangement signals a significant corporate restructuring that could reshape the HEG group structure. Shareholders should monitor the outcome as it may affect the company's business operations, valuation, and shareholding pattern.