NCLT Reserves Order on Composite Scheme of Arrangement involving HEG Limited
The National Company Law Tribunal (NCLT), Indore Bench, has reserved its order concerning the proposed Composite Scheme of Arrangement involving HEG Limited and other entities.The scheme involves HEG Limited and HEG Graphite Limited, referred to as the Resulting Company, along with Bhilwara Energy Limited (BEL), designated as the Transferor Company. The arrangement pertains to the shareholders and creditors associated with the matter.
This development relates to the Scheme Petition No. C.P.(CAA)/3/MP/2026, which is connected to the Company Scheme Application No. C.A.(CAA)/1/MP/2026 before the NCLT. The Tribunal reserved its decision during a hearing held on July 2, 2026.
Management has stated that they will provide updates upon the pronouncement of the order from the NCLT.
HEG Stock Price Movement
Shares of HEG Limited slipped 0.28% in trading, closing today at ₹521.95. The equity settled amid significant movement, with over 1.36 million shares recorded during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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