HEG accepts resignation of President - Investor Relation Salil Bawa

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Reviewed by
Jubin VScanX News Team
Key Highlights
  • HEG accepts resignation of Salil Bawa as President - Investor Relation
  • Effective date of separation is September 14, 2026
  • Company waives notice period obligation for Bawa
  • Filing made under SEBI Regulation 30 listing norms
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HEG Advanced Materials Limited accepted the resignation of Salil Bawa from the role of President - Investor Relation on September 14, 2026. Bawa, a member of the Senior Management Personnel, ceased to hold the position with effect from that date.

The company disclosed the development in a filing with stock exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Bawa had submitted his resignation via email on September 12, 2026.

Resignation Details

Bawa described the decision as painful and difficult in his resignation email addressed to Riju Jhunjhunwala. He expressed gratitude for the mentorship and opportunity provided during his tenure.

The management reviewed the resignation and decided to accept it. The company waived Bawa’s contractual liability to serve the remaining notice period. His last working day was set at closing hours on September 14, 2026.

Post-Employment Obligations

The acceptance letter, signed by Group CHRO Rahjan Sarkar, confirmed that post-employment obligations remain binding. These include confidentiality, non-disclosure, and non-solicitation clauses stipulated in Bawa’s appointment letter.

The management recorded its appreciation for Bawa’s contributions and wished him success in future endeavors.

Historical Stock Returns for HEG

1 Day5 Days1 Month6 Months1 Year5 Years
-4.99%-66.47%-65.30%-54.49%-53.39%0.0%

Will HEG Advanced Materials appoint an internal successor or hire externally to fill the President - Investor Relations vacancy?

How might this leadership change impact HEG's upcoming investor presentations and capital market engagement strategies?

Are there any pending regulatory filings or investor communications that could be delayed due to the abrupt departure?

HEG Advanced Materials schedules virtual analyst meet on September 16

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Reviewed by
Jubin VScanX News Team
Key Highlights
  • HEG Advanced Materials will hold a virtual group meeting with investors on September 16, 2026
  • The session is scheduled for 12:30 pm and will be conducted online
  • Management confirmed no unpublished price-sensitive information will be disclosed
  • The filing was made under Regulation 30 of SEBI LODR regulations on September 10, 2026
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HEG Advanced Materials Limited (formerly HEG Limited) will host a virtual group meeting with analysts and institutional investors on September 16, 2026, at 12:30 pm. The interaction aims to provide updates on the company’s business operations and strategic direction.

The management disclosed the schedule pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Riju Jhunjhunwala, Chairman, Managing Director & CEO, signed the intimation filed with the BSE and NSE on September 10, 2026.

Meeting Details

The company specified the format and timing for the upcoming engagement below:

Date & Time Type of Interaction Mode
September 16, 2026 at 12:30 pm Group Meeting Virtual

The schedule remains subject to change due to exigencies on the part of the investor or the company. Management emphasized that no unpublished price-sensitive information will be shared during the session.

Corporate Information

HEG Advanced Materials Limited is registered in Madhya Pradesh with its corporate office in Noida. The company operates under CIN L23109MP1972PLC008290.

Historical Stock Returns for HEG

1 Day5 Days1 Month6 Months1 Year5 Years
-4.99%-66.47%-65.30%-54.49%-53.39%0.0%

What specific strategic initiatives or capital allocation plans is HEG Advanced Materials expected to unveil during the September 16 investor meeting?

How might the company's recent rebranding to 'HEG Advanced Materials' influence its valuation multiples and market perception in the coming quarters?

Are there any anticipated updates on the commissioning of new capacity expansions or entry into new high-growth material segments during this interaction?

More News on HEG

1 Year Returns:-53.39%