HEG Limited
HEG Ltd is a leading manufacturer and exporter of graphite electrodes in India. It operates the largest single-site integrated graphite electrodes plant in the world.
What HEG files
- Others93
- Updates71
- Important61
- Investor Meet55
- Board Meeting17
- PPTs10
HEG Limited is now HEG Advanced Materials. The company completed a scheme, demerging its graphite electrodes business into a new listed entity, HEG Graphite Limited. HEG Advanced Materials retains advanced materials and green power. Shareholders receive 1:1 shares in HEG Graphite.
HEG's demerged Graphite Business received an independent ESG score of 60 (Adequate) for FY26, a dip from 63 (FY25). Core ESG rating stands at 55. This score pertains to the historical performance of the recently separated unit.
HEG Limited has rebranded to HEG Advanced Materials Limited. This reflects a strategic shift, with the company now focusing on advanced materials after demerging its graphite electrode business.
HEG's demerger will create two listed entities. The existing firm becomes HEG Advanced Materials (battery, green power), and a new entity, HEG Graphite (electrodes), is formed. Shareholders receive 1:1 shares in the new graphite company. New leadership for both entities aims for specialized growth.
HEG's board greenlit its Composite Scheme, resulting in a demerger (1 HEG Graphite share for 1 HEG share) and Bhilwara Energy amalgamation (8 HEG for 7). Riju Jhunjhunwala is the new CMD, leading significant board/KMP changes. HEG proposes renaming to HEG Advanced Materials.