HEG Limited — Important, 10-03-2025: General Updates

The Board of HEG Limited has approved a modified Composite Scheme of Arrangement involving a demerger of its Graphite Business into HEG Graphite Limited and amalgamation with Bhilwara Energy Limited. The scheme aims to enhance operational flexibility and growth potential, enabling each business to attract targeted investors and streamline operations. As of March 31, 2024, the turnover of the Graphite Business was approximately INR 2,394.90 crore, contributing 94.41% to HEG's total turnover. Post-restructuring, promoter shareholding in HEG Limited will rise to 60.62%, with public shareholding decreasing to 39.38%. The restructuring requires standard approvals from various regulatory bodies and is expected to unlock value for shareholders. Investors should watch closely for updates as the effective changes will likely impact the company’s future trajectory and operational efficiency.