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).
HEG · price
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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.
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.