HEG Limited — Others, 13-11-2024: Appointment

HEG Limited has announced a board meeting on November 13, 2024, where several key decisions were made. The board approved the unaudited financial results for the quarter and half-year ended September 30, 2024, showing revenues of ₹1,139.06 crore, with a profit before tax of ₹85.74 crore. Dr. Kamal Gupta was appointed as an Additional Director, and Shri Manish Gulati was re-appointed as Executive Director for another five years. Additionally, the board sanctioned further investment in Bhilwara Infotechnology Limited, making it a wholly owned subsidiary, which could enhance HEG’s operational capabilities. Investor sentiment may benefit from these strategic decisions, reflecting overall operational stability and growth potential.