HEG Limited (HEG)
HEG Limited is now HEG Advanced Materials Limited
HEG Limited renamed as HEG Advanced Materials Limited effective 2 Sep 2026 after NCLT-approved scheme.
- Composite Scheme includes demerger of graphite electrodes business into HEG Graphite Limited, to list separately in ~45 days.
- Bhilwara Energy Limited amalgamated into HEG Advanced Materials Limited and dissolved.
- Shareholders receive 1 share in graphite company per 1 share held in HEG Advanced Materials.
- Bhilwara Energy shareholders get 8 shares in HEG Advanced Materials per 7 shares held.
- Leadership changes: Ravi Jhunjhunwala leads graphite co; Riju Jhunjhunwala appointed CEO of HEG Advanced Materials.
Source: Original filing PDF
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🚨 HEG — Quarterly Results
Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
Board declared ₹10/share dividend. Jio adds 8M subs.
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