HEG Limited has announced that its Board of Directors will convene on April 29, 2026, to review and approve the company's audited financial results for the fourth quarter and full financial year ended March 31, 2026. The meeting notification was issued on April 3, 2026, in compliance with SEBI regulations.

Board Meeting Agenda

The upcoming board meeting has been scheduled to address two primary matters of significant importance to shareholders and stakeholders:

The board will specifically focus on both standalone and consolidated financial statements, providing a comprehensive view of the company's performance across all business segments and subsidiaries.

Trading Window Restrictions

In accordance with regulatory compliance requirements, HEG Limited has implemented trading window restrictions to prevent insider trading during the financial results announcement period.

The trading window closure was communicated to shareholders through a prior notification dated March 25, 2026, ensuring adequate advance notice to market participants.

Regulatory Compliance

The board meeting notification has been issued pursuant to Regulation 29 read with Regulation 33 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. This regulatory framework mandates listed companies to provide timely intimation to stock exchanges regarding board meetings that will consider financial results.

The company has notified both BSE Limited and National Stock Exchange of India Limited about the scheduled meeting, maintaining transparency with all stakeholders and ensuring compliance with listing requirements.

Corporate Communication

The official communication was signed by Vivek Chaudhary, Company Secretary, and digitally authenticated on April 3, 2026. HEG Limited continues to maintain its commitment to transparent corporate governance and timely disclosure of material information to investors and regulatory authorities.

HEG Limited has issued an official notice for the equity shareholders meeting of Bhilwara Energy Limited, scheduled for May 5, 2026, as part of the ongoing composite scheme of arrangement process. Following the National Company Law Tribunal (NCLT) Indore Bench order dated March 26, 2026, the company has provided comprehensive details for stakeholder participation in the corporate restructuring involving HEG Limited, HEG Graphite Limited, and Bhilwara Energy Limited.

Meeting Schedule and Digital Access Framework

The equity shareholders meeting of Bhilwara Energy Limited (Transferor Company) will be conducted through Video Conferencing (VC) and other audio visual means (OAVM) as directed by the Hon'ble Tribunal. The meeting forms part of the comprehensive stakeholder approval process under Sections 230 to 232 of the Companies Act, 2013.

E-Voting Timeline and Documentation Access

HEG Limited has established a structured e-voting framework to facilitate remote participation in the approval process. The remote e-voting will commence on May 1, 2026 at 9:00 a.m. (IST) and conclude on May 4, 2026 at 5:00 p.m. (IST), with April 28, 2026 serving as the cut-off date for determining eligible equity shareholders.

Regulatory Compliance and Documentation

Company Secretary Vivek Chaudhary has submitted the meeting notice to BSE Limited and National Stock Exchange of India Limited under Regulation 30 of the SEBI (LODR) Regulations, 2015. The comprehensive documentation includes the complete Composite Scheme of Arrangement, explanatory statements under Sections 230 and 232 read with Section 102, and other applicable provisions of the Companies Act, 2013.

Composite Scheme Structure and Legal Framework

The scheme operates under the legal framework of Sections 230-232 of the Companies Act, 2013, with the NCLT Indore Bench overseeing the process through Application CA(CAA)/1(MP)2026. The meeting will serve as a crucial platform for Bhilwara Energy Limited shareholders to review, discuss, and approve the proposed arrangements that will reshape the corporate structure of the involved entities.

Next Steps and Implementation Timeline

Following the May 5 meeting, the company will proceed with implementation based on stakeholder approvals from all three entities involved in the composite scheme. The structured approach ensures comprehensive stakeholder participation through both digital voting mechanisms and virtual meeting platforms, marking a significant milestone in the corporate restructuring initiative that began with the NCLT approval in March 2026.