HEG Limited has scheduled its 54th Annual General Meeting (AGM) for Wednesday, July 29, 2026, at 12:00 Noon (IST) via Video Conferencing/Other Audio Visual Means (VC/OAVM). The meeting will be conducted without physical presence, with the registered office at Mandideep, Madhya Pradesh, deemed as the venue. The company has published the notice in newspapers including Business Standard and Nava Bharat, and the Annual Report for FY 2025-26 was dispatched on June 25, 2026.

Key AGM Dates and Shareholder Information

The following key dates are relevant for shareholders:

Businesses to Be Transacted

The agenda includes the adoption of audited standalone and consolidated financial statements for the financial year ended March 31, 2026. The Board has recommended a final dividend of ₹3.40 per equity share of face value ₹2 each (170%) for FY 2025-26, subject to shareholder approval. The re-appointment of Shri Manish Gulati, Executive Director, who retires by rotation, is also on the agenda.

Special business items include the continuation of Shri Shekhar Agarwal as Non-Executive Non-Independent Director, who will attain the age of 75 years in FY 2027-2028, pursuant to Regulation 17(1A) of SEBI (LODR) Regulations, 2015. The ratification of remuneration payable to M/s. N.D. Birla & Co. as Cost Auditors for FY 2026-27 is also proposed.

E-Voting and Shareholder Instructions

Mr. Saket Sharma, a Practicing Company Secretary and Partner at M/s. GSK & Associates, has been appointed as the Scrutinizer for the e-voting process. Shareholders who have not registered their email IDs or bank details are requested to update them to ensure timely receipt of communications and to determine the appropriate Tax Deducted at Source (TDS) rate for dividend distribution. Documents for TDS determination must be submitted on or before July 13, 2026.

HEG Limited reported a 12% reduction in greenhouse gas (GHG) emissions intensity in FY 2025-26 compared to the FY 2023-24 baseline, as per its Business Responsibility and Sustainability Report. The company maintained 100% Zero Liquid Discharge (ZLD) status across all operational sites during the year. HEG has set a target to achieve zero waste to landfill by 2030 and aims to increase the share of renewable energy to 25% of total energy consumption by the same year.

Environmental Performance

The company operates a 3 MW solar power plant that generated 24,98,570 kWh of electricity during the year and is commissioning an additional 2.4 MW capacity. Waste directed to landfill was reduced by 58% in FY 2025-26 compared to the FY 2023-24 baseline. HEG has implemented a comprehensive decarbonization strategy, including the evaluation of hydrogen blending with natural gas and the deployment of electric vehicles for internal mobility. The company has also approved a capital expenditure of ₹5 Crore to convert select furnace oil-based systems to natural gas, with implementation planned in FY 2026-27.

Social and Governance Highlights

HEG achieved zero workplace harm incidents during FY 2025-26. Women constituted 22% of the workforce in non-shop floor roles, significantly exceeding the 10% target set for FY 2027-28. The company conducted annual employee satisfaction surveys and ensured 100% compliance with statutory CSR obligations. On the governance front, HEG maintained Board composition in full compliance with SEBI (LODR) Regulations and recorded zero instances of reportable information security breaches.

ESG Targets and Progress

The company has established specific commitments to drive sustainable value creation. Key targets include reducing Scope 1 & 2 GHG emissions intensity by 25% by FY 2030 and achieving zero waste to landfill across all manufacturing locations by 2030. HEG is also in the process of getting its emission reduction targets validated by the Science-Based Target initiative (SBTi). The company assessed 82.2% of its upstream value chain partners on ESG parameters during the year.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE545A01024/ee00258a1dad4761.pdf