HEG Ltd. Receives Tribunal Order Advancing Composite Scheme of Arrangement
Noida, India – March 27, 2026 – HEG Ltd. announced today that the Hon'ble National Company Law Tribunal, Indore Bench, has issued an order dated March 26, 2026, allowing and disposing of Company Application CA(CAA)/1(MP)2026. This development pertains to the ongoing Composite Scheme of Arrangement involving HEG Limited, HEG Graphite Limited, and Bhilwara Energy Limited, along with their respective shareholders and creditors.The Tribunal’s order mandates the convening of meetings for equity shareholders, secured creditors, and unsecured creditors of HEG Limited, as well as a meeting for equity shareholders of Bhilwara Energy Limited.
Details regarding these meetings will be provided in a forthcoming notice. The Tribunal order is available for review on the HEG Ltd. website at www.hegltd.com and on the website of the Hon'ble Tribunal.
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