HEG Ltd. Schedules Shareholder and Creditor Meetings to Consider Proposed Scheme
HEG Ltd. announced on April 2, 2026, that it will hold meetings of its equity shareholders, secured creditors, and unsecured creditors on May 5, 2026, as directed by the National Company Law Tribunal, Indore Bench. The meetings will be conducted via Video Conferencing/other audio visual means.The meetings are to consider and potentially approve a Composite Scheme of Arrangement amongst HEG Limited, HEG Graphite Limited, and Bhilwara Energy Limited, along with their respective shareholders and creditors.
Meeting Details for Equity Shareholders:
| Detail | Information |
|---|---|
| Day of the meeting | Tuesday |
| Date of the meeting | May 5, 2026 |
| Time of the meeting | 2:00 P.M. |
| E-voting Cut-off Date | April 28, 2026 |
| Remote E-voting Start Date & Time | May 1, 2026 at 9:00 a.m. (IST) |
| Remote E-voting End Date & Time | May 4, 2026 at 5:00 p.m. (IST) |
| Link to Notice | https://hegltd.com/wp-content/uploads/2026/04/Notice_Equity Shareholders1.pdf |
Meeting Details for Secured Creditors:
| Detail | Information |
|---|---|
| Day of the meeting | Tuesday |
| Date of the meeting | May 5, 2026 |
| Time of the meeting | 3:30 P.M. |
| E-voting Cut-off Date | March 31, 2026 |
| Remote E-voting Start Date & Time | May 1, 2026 at 9:00 a.m. (IST) |
| Remote E-voting End Date & Time | May 4, 2026 at 5:00 p.m. (IST) |
| Link to Notice | https://hegltd.com/wp-content/uploads/2026/04/Notice_Secured Creditors1.pdf |
Meeting Details for Unsecured Creditors:
| Detail | Information |
|---|---|
| Day of the meeting | Tuesday |
| Date of the meeting | May 5, 2026 |
| Time of the meeting | 4:30 P.M. |
| E-voting Cut-off Date | March 31, 2026 |
| Remote E-voting Start Date & Time | May 1, 2026 at 9:00 a.m. (IST) |
| Remote E-voting End Date & Time | May 4, 2026 at 5:00 p.m. (IST) |
| Link to Notice | https://hegltd.com/wp-content/uploads/2026/04/Notice_UnSecured Creditors1.pdf |
The notices and accompanying documents are also available on the company's website at www.hegltd.com.
Vivek Chaudhary, Company Secretary, signed off on the announcement.
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