Business Update Neutral

2026-08-27 20:34

- HEG Limited announced a scheduled plant/factory visit for Analysts/Institutional Investors on September 3, 2026. - The visit will be to the REPLUS Giga Factory in Village Bavada, Pune, organized by 360 ONE Capital Market Private Limited. - It will be a closed-group plant visit with general management interaction, ensuring no Unpublished Price Sensitive Information (UPSI) is disclosed.

Business Update Positive

2026-08-25 17:08

- HEG's demerger takes effect Sep 01, 2026, creating HEG Graphite Limited and HEG Advanced Materials Limited. Record Date: Sep 07, 2026. Shareholders receive 1:1 equity share in HEG Graphite Limited. Leadership roles defined for new entities, and five Independent Directors appointed to HEG Advanced Materials board.

Governance Neutral

2026-08-24 19:50

- Board approved Composite Scheme of Arrangement (effective Sep 1, 2026, record date Sep 7, 2026). - Demerger: 1 HEG Graphite share for 1 HEG share. Amalgamation: 8 HEG shares for 7 Transferor Company shares. - KMP/Director changes and committee reconstitutions due to the scheme were approved.

Business Update Neutral

2026-08-24 19:27

- Board approved Composite Scheme of Arrangement, effective September 01, 2026, with September 07, 2026 as record date. - For demerger, shareholders of HEG Ltd will receive 1 fully paid-up equity share of INR 2 of HEG Graphite Ltd for every 1 equity share of INR 2 of HEG Ltd. - For amalgamation, shareholders of Bhilwara Energy Ltd will receive 8 fully paid-up equity shares of INR 2 of HEG Ltd for every 7 equity shares of INR 10 of Bhilwara Energy Ltd. - Shri Riju Jhunjhunwala elevated to Chairman, MD & CEO, effective September 01, 2026. - Ms. Neha Rajvanshi appointed Chief Financial Officer & KMP and Shri Ravi Gupta appointed Company Secretary & Compliance Officer & KMP. - The Board and various committees have been reconstituted, and the company's name is proposed to change to "HEG Advanced Materials Limited" subject to approvals.

Business Update Neutral

2026-08-24 19:27

CRITICAL RED FLAG DETECTED

- Board approved a Composite Scheme of Arrangement effective September 01, 2026, setting September 7, 2026, as the record date. - For demerger, 1 HEG Graphite share (to be renamed 'HEG Limited') will be issued for every 1 HEG Limited share (to be renamed 'HEG Advanced Materials Limited'). - For amalgamation, 8 HEG Limited shares will be issued for every 7 Bhilwara Energy Limited shares. - Significant KMP and Board changes occurred: Shri Vivek Chaudhary (CS) and Shri Ravi Kant Tripathi (CFO) ceased roles; Ms. Neha Rajvanshi appointed CFO; Shri Ravi Gupta appointed CS. - Shri Ravi Jhunjhunwala relinquished Chairman, MD & CEO roles to transfer to HEG Graphite Limited, continuing as Non-Executive Non-Independent Director of HEG Limited. - Shri Riju Jhunjhunwala was elevated to Chairman, MD & CEO of HEG Limited. - Multiple Independent Directors resigned to facilitate board reconstitution, and new Independent Directors were appointed. - Various board committees were also reconstituted.

Governance Neutral

2026-08-24 19:27

- The Board of Directors of HEG Limited approved the implementation of a NCLT-sanctioned Composite Scheme of Arrangement, effective September 01, 2026, with a record date of September 07, 2026. - The scheme involves demerger and amalgamation, resulting in specific share allotments for shareholders of the involved entities. - Significant changes in Key Managerial Personnel and Board of Directors occurred, including new appointments and resignations, to facilitate the reconstitution of the Board. - Shri Riju Jhunjhunwala was elevated to Chairman, MD & CEO of HEG Limited. - The company proposes to change its name to "HEG Advanced Materials Limited", with HEG Graphite Limited to be renamed "HEG Limited".

Business Update Neutral

2026-08-24 19:18

- Board approved Composite Scheme of Arrangement effective Sept 1, 2026, and fixed Sept 7, 2026, as record date. - Demerger: 1 HEG Graphite share for 1 HEG share. Amalgamation: 8 HEG shares for 7 Bhilwara Energy shares. - Shri Riju Jhunjhunwala appointed Chairman, MD & CEO; Ms. Neha Rajvanshi as CFO. Several KMP and Independent Directors changed roles.

Governance Neutral

2026-08-24 19:18

CRITICAL RED FLAG DETECTED

- Board approved the Composite Scheme of Arrangement for demerger and amalgamation of HEG Limited and Bhilwara Energy Limited into HEG Graphite Limited. - Effective Date: September 01, 2026; Record Date: September 07, 2026. - Demerger consideration: 1 HEG Graphite share (₹2 FV) for every 1 HEG share (₹2 FV). - Amalgamation consideration: 8 HEG shares (₹2 FV) for every 7 Transferor Company shares (₹10 FV). - Numerous changes in Key Managerial Personnel (KMP) and Board of Directors, including elevations, appointments, and cessations, were approved. - Board Committees were reconstituted, and certain KMPs were authorized to determine materiality of events. - HEG Limited is proposed to be renamed "HEG Advanced Materials Limited", subject to approvals.

Business Update Positive

2026-08-24 19:17

- Board approved the Composite Scheme of Arrangement's effectiveness from September 01, 2026, following NCLT sanction on August 13, 2026. - September 7, 2026, fixed as the record date for share entitlement under the scheme. - Under demerger, 1 equity share of HEG Graphite Ltd. (₹2 each) will be allotted for every 1 equity share of HEG Ltd. (₹2 each). - Under amalgamation, 8 equity shares of HEG Ltd. (₹2 each) will be allotted for every 7 equity shares of Bhilwara Energy Ltd. (₹10 each). - Key Managerial Personnel and Board of Directors underwent significant changes, including new appointments and cessation of roles, primarily due to transfers to HEG Graphite Limited or board reconstitution. - The company proposes to change HEG Limited's name to "HEG Advanced Materials Limited" and HEG Graphite Limited's name to "HEG Limited".

Governance Neutral

2026-08-24 19:09

- Board of Directors approved the Composite Scheme of Arrangement involving HEG Limited, HEG Graphite Limited, and Bhilwara Energy Limited, effective September 01, 2026. - Record date for share entitlement is September 7, 2026. - For demerger: 1 equity share of HEG Graphite Limited (₹2) for every 1 equity share of HEG Limited (₹2). - For amalgamation: 8 equity shares of HEG Limited (₹2) for every 7 equity shares of Bhilwara Energy Limited (₹10). - Key Management Personnel changes include new appointments for CFO and CS & Compliance Officer for HEG Ltd, and changes in the Chairman/MD/CEO role, as part of the scheme. Several Directors have also been appointed/resigned to facilitate board reconstitution. - Proposed name change for HEG Limited to "HEG Advanced Materials Limited" and HEG Graphite Limited to "HEG Limited", subject to approvals.

Governance Positive

2026-08-24 19:09

- Board approved making the Composite Scheme of Arrangement effective from September 01, 2026, with September 07, 2026, as the Record Date. - For demerger, HEG Graphite Limited will issue 1 equity share (₹2) for every 1 HEG Limited equity share (₹2). - For amalgamation of Bhilwara Energy Limited into HEG Limited, 8 equity shares (₹2) of HEG Limited will be issued for every 7 equity shares (₹10) of Bhilwara Energy Limited. - Shri Riju Jhunjhunwala is elevated to Chairman, MD & CEO, while Shri Ravi Jhunjhunwala relinquishes this role but continues as Non-Executive Non-Independent Director. - Key appointments include Ms. Neha Rajvanshi as CFO and Shri Ravi Gupta as Company Secretary & Compliance Officer of HEG Limited.

Governance Neutral

2026-08-24 19:06

CRITICAL RED FLAG DETECTED

- Board Meeting on August 24, 2026, approved the Composite Scheme of Arrangement, sanctioned by NCLT on August 13, 2026. - Scheme's Effective Date is September 01, 2026, and Record Date for share entitlement is September 07, 2026. - For demerger, HEG Graphite Limited to issue 1 equity share of ₹2 for every 1 HEG share of ₹2. - For amalgamation, HEG Limited to issue 8 equity shares of ₹2 for every 7 Bhilwara Energy shares of ₹10. - Ms. Neha Rajvanshi appointed as CFO and Shri Ravi Gupta as Company Secretary & Compliance Officer of HEG Limited. - Shri Riju Jhunjhunwala elevated to Chairman, MD & CEO; Shri Ravi Jhunjhunwala will continue as a Non-Executive Non-Independent Director. - Several Independent and Non-Executive Non-Independent Directors have resigned to facilitate board reconstitution. - Board Committees (Audit, N&R, Stakeholders Relationship, Risk Management, CSR & ESG) have been reconstituted. - Proposed name change: HEG Limited to HEG Advanced Materials Limited, and HEG Graphite Limited to HEG Limited (subject to approvals).

Governance Neutral

2026-08-24 19:03

CRITICAL RED FLAG DETECTED

- Board approved Composite Scheme of Arrangement, effective Sep 1, 2026, with Sep 7, 2026, as record date. - Significant changes in Key Managerial Personnel and Board due to the scheme, including cessations and new appointments. - Proposed name change for HEG Limited to "HEG Advanced Materials Limited".

Governance Neutral

2026-08-24 19:01

- Board approved Composite Scheme of Arrangement effective Sep 01, 2026. Record date for shareholders: Sep 07, 2026. - Shri Riju Jhunjhunwala appointed Chairman, MD & CEO. Ms. Neha Rajvanshi appointed CFO, Shri Ravi Gupta as CS. - Multiple KMP and Independent Directors resigned or transferred roles as part of the scheme. - Board and its committees reconstituted; name change proposed.

Governance Negative

2026-08-24 19:01

CRITICAL RED FLAG DETECTED

- Board approved Composite Scheme of Arrangement effective Sep 1, 2026, with Sep 7, 2026 as record date. - It involves demerger and amalgamation, leading to significant changes in KMP and Board composition, including new appointments and cessations. - The company's name is proposed to change to HEG Advanced Materials Ltd, and HEG Graphite Ltd (new entity) will be renamed HEG Ltd.

Business Update Neutral

2026-08-24 19:01

- Board approved Composite Scheme of Arrangement (demerger and amalgamation) effective September 01, 2026. - Record Date for consideration fixed as September 07, 2026. - Demerger: 1 equity share of HEG Graphite Limited (₹2) for every 1 equity share of HEG Limited (₹2). - Amalgamation: 8 equity shares of HEG Limited (₹2) for every 7 equity shares of Bhilwara Energy Limited (₹10). - Shri Riju Jhunjhunwala elevated to Chairman, MD & CEO of HEG Limited; new CFO and CS also appointed. - The company's name is proposed to change to "HEG Advanced Materials Limited", subject to approvals.

Business Update Neutral

2026-08-24 18:49

- The Board approved the Composite Scheme of Arrangement, with an Effective Date of September 01, 2026, and a Record Date of September 7, 2026.- For demerger, HEG Graphite Limited will issue 1 equity share (INR 2 each) for every 1 equity share (INR 2 each) of HEG Limited.- For amalgamation, HEG Limited will issue 8 equity shares (INR 2 each) for every 7 equity shares (INR 10 each) of the Transferor Company.- Shri Ravi Jhunjhunwala (Chairman/MD/CEO) relinquished his role in HEG (transferred to HEG Graphite) but continues as a Non-Executive Non-Independent Director of HEG.- Shri Riju Jhunjhunwala is elevated to Chairman/MD/CEO of HEG.- Ms. Neha Rajvanshi and Shri Ravi Gupta are appointed as CFO and Company Secretary of HEG, respectively.- Several other KMP/SMP and Independent/Non-Executive Directors have ceased their roles due to transfers to HEG Graphite or board reconstitution.- Board Committees (Audit, Nomination & Remuneration, Stakeholders Relationship, Risk Management, CSR & ESG) have been reconstituted.- HEG Limited's name is proposed to be changed to "HEG Advanced Materials Limited".

Business Update Neutral

2026-08-24 18:49

CRITICAL RED FLAG DETECTED

- Board approved Composite Scheme of Arrangement (demerger & amalgamation), effective September 01, 2026 (Record Date: September 07, 2026). - The scheme involves share issuance for both demerger (1 HEG Graphite share for 1 HEG share) and amalgamation (8 HEG shares for 7 Transferor Co. shares). - Significant Key Managerial Personnel (KMP) and Board of Directors reconstitution occurred due to the scheme, with multiple cessations and new appointments.

Governance Neutral

2026-08-24 18:49

CRITICAL RED FLAG DETECTED

- Board of Directors approved making the Composite Scheme of Arrangement effective from September 01, 2026. - The Record Date for determining shareholders eligible for consideration is September 07, 2026. - For demerger, HEG Graphite Limited will issue 1 equity share of INR 2 for every 1 equity share of INR 2 of HEG Limited. - For amalgamation, HEG Limited will issue 8 equity shares of INR 2 for every 7 equity shares of INR 10 of Bhilwara Energy Limited. - Shri Vivek Chaudhary (Company Secretary & Compliance Officer) and Shri Ravi Kant Tripathi (Chief Financial Officer) ceased due to transfer of employment to HEG Graphite Limited. - Ms. Neha Rajvanshi was appointed as Chief Financial Officer and Shri Ravi Gupta as Company Secretary & Compliance Officer of HEG Limited. - Shri Ravi Jhunjhunwala relinquished his role as Chairman, MD & CEO of HEG Limited to transfer to HEG Graphite Limited, continuing as a Non-Executive Non-Independent Director in HEG Limited. - Shri Riju Jhunjhunwala was elevated to Chairman, Managing Director & Chief Executive Officer of HEG Limited. - Multiple Independent Directors and Non-Executive Non-Independent Directors resigned to facilitate the proposed reconstitution of the Board following the scheme's effectiveness. - The name of HEG Limited is proposed to be changed to "HEG Advanced Materials Limited", and HEG Graphite Limited is proposed to be renamed "HEG Limited".

Business Update Negative

2026-08-24 18:48

CRITICAL RED FLAG DETECTED

- Board approved Composite Scheme of Arrangement (demerger and amalgamation) effective September 01, 2026. - Record date for demerger consideration (1:1 share swap for HEG Graphite) is September 07, 2026. - Board and KMP reconstituted, including 6 Independent Director resignations and Shri Riju Jhunjhunwala appointed Chairman, MD & CEO.

Business Update Neutral

2026-08-24 18:36

CRITICAL RED FLAG DETECTED

- Board approved Composite Scheme of Arrangement effective Sep 1, 2026, Record Date Sep 7, 2026. - The scheme involves demerger and amalgamation. - Shri Riju Jhunjhunwala appointed Chairman, MD & CEO. Key management and Board members reconfigured and committees reconstituted. Proposed name changes.

Business Update Neutral

2026-08-24 18:36

- Board approved Composite Scheme of Arrangement, effective September 01, 2026, with September 7, 2026, as the record date. - The scheme involves demerger of an undertaking into HEG Graphite Ltd (1:1 share swap) and amalgamation of Bhilwara Energy Ltd into HEG Ltd (8 HEG shares for 7 Bhilwara Energy shares). - Key Managerial Personnel and Board were reconstituted as part of the scheme. - HEG Limited's name is proposed to change to "HEG Advanced Materials Limited".

Business Update Positive

2026-08-19 20:05

- NCLT, Indore Bench, has sanctioned the Composite Scheme of Arrangement among HEG Limited, HEG Graphite Limited, and Bhilwara Energy Limited. - The scheme aims to unlock value by creating two independent entities better positioned for growth. - Shareholders of HEG Limited will receive one equity share of HEG Graphite Limited for every one share held in HEG Limited. - The scheme will be effective upon filing the order with the Registrar of Companies (RoC).

Business Update Positive

2026-08-18 19:17

- The National Company Law Tribunal (NCLT) Indore Bench sanctioned the Composite Scheme of Arrangement among HEG Limited, HEG Graphite Limited, and Bhilwara Energy Limited on August 13, 2026. - The scheme aims to segregate core businesses (graphite electrodes and power generation) to unlock value, enable focused growth, and streamline the corporate structure for enhanced operational efficiency.

Business Update Positive

2026-08-18 19:17

- NCLT Indore Bench sanctioned the Composite Scheme of Arrangement among HEG Limited (Demerged/Transferee Company), HEG Graphite Limited (Resulting Company), and Bhilwara Energy Limited (Transferor Company). - The order was delivered on August 13, 2026. - The scheme aims to segregate core businesses for focused growth, unlock value, and enhance operational efficiency.

Governance Negative

2026-08-14 16:26

CRITICAL RED FLAG DETECTED

- Income Tax department officials visited HEG's Corporate Office from August 10-13, 2026, to check books of accounts. - The company fully cooperated, and officials concluded their checking.

Business Update Neutral

2026-08-12 22:50

- HEG Limited entered into a Media Services Agreement with Adfactors PR Private Limited. - The agreement is for providing public relations and media communication services to the Company.

Business Update Neutral

2026-08-06 18:35

- Investor Conference Schedule - Conference Name: Motilal Oswal 22nd Annual Global Investor Conference, 2026 - Conference Date: August 19, 2026 - Conference Time: 09:00 AM to 05:00 PM

Business Update Positive

2026-08-04 22:59

- CRISIL ESG Ratings & Analytics Limited reviewed HEG Limited's ESG rating, assigning 'Crisil ESG 57'. - This marks an improvement from the previous 'Crisil ESG 53' rating. - The upgrade is attributed to improvements in environmental and social parameters, including lower emissions, energy consumption, and waste generation.

Business Update Neutral

2026-08-04 17:30

- Concall Schedule - Concall Date: 12th & 13th August, 2026 - Concall Time: 11.00 AM to 6.00 PM - Location: Dubai and Abu Dhabi

Business Update Neutral

2026-08-04 17:30

- Investor Meetings / Non-Deal Roadshow (NDR) Scheduled - Dates: 12th & 13th August, 2026 - Time: 11.00 AM to 6.00 PM - Location: Dubai and Abu Dhabi

Governance Positive

2026-07-30 18:16

- The 54th Annual General Meeting (AGM) of HEG Limited was held on July 29, 2026. - All resolutions, including the adoption of financial statements and the declaration of a final dividend of ₹3.40 per equity share for FY 2025-26, were passed with requisite majority.

Routine Neutral

2026-07-30 18:16

New Filing detected. See link for details.

Governance Positive

2026-07-30 17:55

- HEG Limited filed voting results for its 54th Annual General Meeting (AGM) held on July 29, 2026. - All resolutions set out in the notice dated June 22, 2026, were passed with requisite majority by the shareholders. - This includes the adoption of financial statements for FY 2025-26 and the declaration of a final dividend of ₹3.40 per Equity Share for FY 2025-26.

Governance Positive

2026-07-30 17:54

- HEG Limited announced the voting results of its 54th Annual General Meeting held on July 29, 2026. - All resolutions, including the adoption of the financial statements for FY26 and the declaration of a final dividend of ₹3.40 per equity share for FY25-26, were passed with requisite majority. - Details of directors appointed/re-appointed were also provided.

Business Update Neutral

2026-07-29 17:35

- Investor Meeting / Non-Deal Roadshow Schedule - Date: 3rd & 4th August, 2026 - Time: 11:00 AM to 6:00 PM - Location: Mumbai - Mode: Physical Group Meetings

Business Update Neutral

2026-07-29 17:35

- HEG Limited to conduct Institutional Investor Meetings / Non-Deal Roadshow (NDR). - Concall Date: 3rd & 4th August, 2026. - Concall Time: 11.00 AM to 6.00 PM. - Location: Mumbai. - Mode: Physical Group Meetings with approximately 8 to 10 leading fund houses.

Governance Positive

2026-07-29 16:06

- 54th Annual General Meeting (AGM) of HEG Limited was held on July 29, 2026, via Video Conferencing/Other Audio Visual Means. - Members adopted the Audited Financial Statements for FY 2025-26 and declared a Final Dividend of Rs. 3.40 per Equity Share. - Re-appointment of Shri Manish Gulati and continuation of Shri Shekhar Agarwal as Directors were approved.

Governance Neutral

2026-07-29 15:56

- 54th Annual General Meeting (AGM) of HEG Limited held on July 29, 2026, via Video Conferencing (VC). - Adopted Audited Financial Statements for FY 2025-26. - Declared a Final Dividend of ₹3.40 per equity share for FY 2025-26. - Approved re-appointment of Shri Manish Gulati and continuation of Shri Shekhar Agarwal as Director.

Business Update Neutral

2026-07-29 14:18

- HEG Limited has scheduled an Analyst / Institutional Investor Plant Visit. - Date of Visit: Friday, August 7, 2026. - Location: Company's plant facilities at Mandideep, Madhya Pradesh. - The visit is organized by 360 ONE Capital Market Private Limited and involves general management interaction. - No Unpublished Price Sensitive Information (UPSI) will be disclosed during the interaction.

Business Update Positive

2026-07-28 17:23

- **Current Scenario:** HEG reported a strong Q1 FY27 with meaningful profitability improvement, driven by better realizations, operating efficiencies, and cost management, despite a marginal decline in volumes. Capacity utilization remained over 90%. - **Graphite Electrodes Outlook:** The medium- to long-term demand for graphite electrodes is highly positive, supported by the global shift towards electric arc furnaces for decarbonization. The company's capacity expansion to 115,000 tons is on track for commissioning by early 2028. Management anticipates operating at over 90% capacity utilization in forthcoming quarters and expects price hikes from October onwards to offset rising input costs and maintain margins. - **Greentech Business (Anode Project - TACC & Bhilwara Energy) Outlook:** The anode project (20,000 tons capacity) is set to commence commercial production in Q1 FY28. It targets INR600-700 Cr revenue in its first year, scaling to over INR1,500-1,600 Cr by year 3, with approximately 35% EBITDA margin. About 70% of this capacity is already secured with long-term contracts. The existing hydro projects contribute INR320-350 Cr in annual free cash flow. New hydro and solar projects, expected by 2030 and within 18 months respectively, are projected to add INR200 Cr EBITDA. The combined HEG Greentech business aims for a '4-digit EBITDA' by 2030. - **Financial Strength:** The company remains debt-free with a treasury of approximately INR858 Cr as of June 30, 2026. Gross debt for the Greentech business is expected to be around INR1,500 Cr by March '27.

Business Update Negative

2026-07-28 12:16

CRITICAL RED FLAG DETECTED

- US Department of Commerce issued a preliminary affirmative determination in the Countervailing Duty (CVD) investigation concerning imports of large diameter graphite electrodes from India. - A preliminary CVD rate of 6.99% has been determined for HEG Limited, with cash deposits potentially required. - The financial impact is currently not ascertainable, and the final determination is expected by December 8, 2026.

Business Update Neutral

2026-07-24 16:32

- Audio recording link for HEG Limited's Q1 FY27 Earnings Conference Call, held on July 24, 2026, at 14:00 hrs IST, has been provided.- The recording is accessible at https://hegltd.com/wp-content/uploads/2026/07/10045436.mp3 and the company's website.

Financials Positive

2026-07-24 16:06

- Consolidated Revenue ₹680.79 Cr vs ₹612.77 Cr (▲11.1% YoY) - Consolidated PBT ₹165.08 Cr vs ₹121.30 Cr (▲36.1% YoY) - Consolidated PAT ₹122.34 Cr vs ₹99.79 Cr (▲22.6% YoY) - PBT Margin 24.25% vs 19.79% (▲446bps)

Financials Positive

2026-07-23 19:09

- Standalone Revenue ₹680.91 Cr vs ₹612.78 Cr (▲11.12% YoY) - EBITDA ₹161.29 Cr vs ₹105.94 Cr (▲52.25% YoY) - PBT ₹151.79 Cr vs ₹92.42 Cr (▲64.24% YoY) - EBITDA Margin 23.69% vs 17.29% (▲640bps)

Financials Neutral

2026-07-22 18:07

CRITICAL RED FLAG DETECTED

- Consolidated Revenue from operations ₹680.79 Cr vs ₹612.78 Cr (▲11.10% YoY) - EBITDA ₹194.14 Cr vs ₹166.19 Cr (▲16.82% YoY) - PAT (Profit Before Tax as proxy) ₹165.08 Cr vs ₹121.33 Cr (▲36.06% YoY) - EBITDA Margin 28.52% vs 27.12% (▲140bps) - Board approved application for name change to "HEG Advanced Materials Limited" to reflect its long-term strategy. - Auditors noted an "Emphasis of Matter" for associate Bhilwara Energy Limited's subsidiaries: NJC Hydro Power project is stalled with arbitration pending for a ₹25.47 Cr refund; Chango Yangthang Hydro Power project surrendered, with a ₹37.89 Cr refund expected.

Financials Positive

2026-07-22 17:47

CRITICAL RED FLAG DETECTED

- Consolidated Revenue ₹680.79Cr vs ₹612.78Cr (▲11.09% YoY) - EBITDA ₹150.58Cr vs ₹105.70Cr (▲42.46% YoY) - PAT ₹122.34Cr vs ₹99.81Cr (▲22.57% YoY) - EBITDA Margin 22.12% vs 17.25% (▲487bps) - Board approved changing company name to 'HEG Advanced Materials Limited' to align with long-term strategy in advanced manufacturing. - Auditor highlighted ongoing issues with associate Bhilwara Energy Limited's hydro power projects, including environmental clearance suspension and arbitration.

Business Update Neutral

2026-07-21 17:54

- Concall Schedule - Concall Date: Friday, July 24, 2026 - Concall Time: 14:00 Hrs IST

Routine Neutral

2026-07-14 19:03

New Filing detected. See link for details.

Business Update Positive

2026-07-10 16:59

- HEG Limited to host investor meetings on 15-16 July 2026, focusing on its Greentech business. - A Composite Scheme of Arrangement will establish HEG Greentech for advanced battery materials (20,000 MT Anode target) and clean energy (1-6 GWh Battery Solutions). - The restructuring aims for value unlock and awaits NCLT approval.

Business Update Positive

2026-07-10 16:59

- HEG Limited will conduct physical Institutional Investor Meetings/Non-Deal Roadshow (NDR) in Mumbai on 15th & 16th July, 2026. - The meetings will focus on an overview of the Greentech business, which is part of the ongoing Composite Scheme of Arrangement of the Company. - Approximately 12 to 15 leading fund houses and institutional investment firms are expected to attend.

Business Update Neutral

2026-07-06 12:09

- HEG Limited provided an update on its Analyst / Institutional Investor Plant Visit. - The visit is scheduled for Thursday, July 9, 2026, at the plant facilities in Mandideep, Madhya Pradesh. - Approximately 25-30 leading fund houses and institutional investment firms are expected to participate. - Discussions will cover business operations and publicly available information; no Unpublished Price Sensitive Information (UPSI) will be disclosed.

Business Update Neutral

2026-07-02 15:29

- NCLT, Indore Bench, reserved its order on July 2, 2026, for the proposed Composite Scheme of Arrangement involving HEG Limited, HEG Graphite Limited, and Bhilwara Energy Limited. - The final order from NCLT is awaited.

Business Update Neutral

2026-06-30 17:58

- HEG Limited has scheduled an Analyst / Institutional Investor Plant Visit on 9th July 2026. - The visit will take place at the Mandideep plant facilities (Graphite Electrode and Anode Lab) and include general management interaction.

Business Update Positive

2026-06-25 17:09

- Business Responsibility & Sustainability Report for FY 2025-26. - HEG Limited, manufacturing graphite electrodes (91.26% turnover, 67.03% exports). - Initiatives include solar power, EV adoption, natural gas conversion, aiming for zero waste by FY2030, and zero liquid discharge. - 54 shareholder complaints resolved; 18 of 30 customer complaints pending resolution.

Financials Positive

2026-06-25 16:57

- Consolidated Revenue ₹2,569Cr vs ₹2,141Cr (▲20% YoY) - EBITDA ₹497Cr vs ₹407Cr (▲22.2% YoY) - PAT ₹181Cr (YoY comparison not provided) - EBITDA Margin 19.3% vs 19.0% (▲30bps)

Governance Positive

2026-06-25 16:47

- Notice of 54th Annual General Meeting (AGM) to be held on Wednesday, July 29, 2026, at 12:00 Noon (IST) via Video Conferencing/Other Audio Visual Means. - The Annual Report for the Financial Year 2025-26 is enclosed with the notice and uploaded on the company's website. - For FY2026, the company reported Total Income of ₹2,569 Crore, EBITDA of ₹497 Crore, and Net Profit of ₹181 Crore. - Announced a capacity expansion with ₹650 Crore investment, targeting 115,000 TPA by Q4 FY2028. - Proposed demerger into HEG Greentech for anode materials, hydropower, and BESS to create a dual growth engine. - Declared a dividend of ₹3.40 per share (170%).

Governance Neutral

2026-06-25 11:39

- Board Meeting on 22nd July 2026 to consider Un-audited Financial Results (Standalone & Consolidated) for the quarter ending 30th June 2026. - Trading window for designated persons will remain closed from 1st July 2026 till 24th July 2026, reopening on 25th July 2026.

Governance Neutral

2026-06-22 20:43

- HEG Limited has reconstituted its Audit Committee, Nomination and Remuneration Committee, and Corporate Social Responsibility and ESG Committee, effective June 23, 2026. This is a routine compliance filing under SEBI Regulation 30.

Governance Neutral

2026-06-22 19:29

- The 54th Annual General Meeting (AGM) of HEG Limited will be held on Wednesday, 29th July, 2026 at 12:00 Noon (IST) through Video Conferencing/Other Audio Visual Means (VC/OAVM) only. - The Cut-off Date for determining eligibility of members to vote by remote e-voting or e-voting at the AGM is Wednesday, 22nd July, 2026. - The remote e-voting period will commence on Saturday, 25th July, 2026 (9:00 A.M.) and end on Tuesday, 28th July, 2026 (5:00 P.M.). - The Record Date for determining entitlement to receive dividend for FY 2025-26 is Wednesday, 22nd July, 2026. - The Register of Members and Share Transfer Books will remain closed from Thursday, 23rd July, 2026 to Wednesday, 29th July, 2026.

Governance Neutral

2026-06-22 19:29

- The 54th Annual General Meeting (AGM) will be held on Wednesday, 29th July, 2026 at 12:00 Noon (IST) via Video Conferencing. - The cut-off date for e-voting and Record Date for dividend entitlement is Wednesday, 22nd July, 2026. - Book closure is from July 23 to July 29, 2026. - Final Dividend for FY 2025-26, if declared, will be paid within 30 days of AGM.

Governance Neutral

2026-06-22 19:15

- The 54th Annual General Meeting (AGM) will be held on Wednesday, 29th July, 2026 at 12:00 Noon (IST) through Video Conferencing/Other Audio Visual Means. - The Cut-off Date for determining eligibility to vote by remote e-voting or e-voting at the AGM is Wednesday, 22nd July, 2026. - The Record Date for determining entitlement to receive dividend for FY 2025-26 is Wednesday, 22nd July, 2026. - The Register of Members and Share Transfer Books will remain closed from Thursday, 23rd July, 2026 to Wednesday, 29th July, 2026.

Governance Neutral

2026-06-22 15:58

- HEG Limited announced the cessation of Shri Satish Chand Mehta as an Independent Director upon completion of his second consecutive term on June 22, 2026, as per SEBI Regulation 30.

Governance Neutral

2026-06-21 11:33

- Smt. Vinita Singhania, Non-Executive Non-Independent Director, resigned from HEG Limited's Board effective June 21, 2026. - The resignation is stated to be for maintaining optimal and balanced Board composition, with no other material reasons.

Routine Neutral

2026-06-18 12:14

- HEG Limited announced the proposed transfer of equity shares and unclaimed dividends to the Investor Education and Protection Fund (IEPF) Authority. - This is for dividends unclaimed for 7 consecutive years, as per Section 124(6) of the Companies Act, 2013. - Shareholders must claim the FY 2018-19 (Final) dividend by September 24, 2026, to prevent transfer.

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HEG Limited

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