HEG to host investor meet on Greentech business restructuring
HEG Limited announced it will conduct physical institutional investor meetings and a Non-Deal Roadshow in Mumbai on July 15 and 16, 2026, to discuss its Greentech business. The discussions will center on the ongoing Composite Scheme of Arrangement, which has received board and regulatory approvals but is pending NCLT sanction. The Greentech platform targets a production scale-up to 60 KMT of anode materials by FY32 and includes a 1 GWh gigafactory expanding to 6 GWh by H2 FY27. The company has outlined a total capex plan of approximately ₹5,500 crore, estimating a net worth of ₹2700 crore by FY27.

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HEG Limited will conduct physical institutional investor meetings and a Non-Deal Roadshow (NDR) in Mumbai on July 15 and 16, 2026. The management will engage with approximately 12 to 15 leading fund houses and institutional investment firms to discuss the Greentech business. This segment forms an integral part of the company's ongoing Composite Scheme of Arrangement, a restructuring exercise aimed at unlocking value and providing focused access to distinct business lines.
The meetings will be based on an investor presentation that outlines the rationale for the restructuring. The proposed scheme seeks to create a pure-play focus for the Greentech platform, which includes advanced battery materials, graphene, and green power generation. The presentation highlights that the scheme has received approval from the board of directors and requisite no-objection letters from BSE Limited, the National Stock Exchange of India Limited, and SEBI. As of July 10, 2026, the petition regarding the scheme has been heard by the Hon'ble National Company Law Tribunal, Indore Bench, which has reserved its order.
The Greentech platform encompasses a diverse portfolio of assets. In the domain of advanced battery materials, the company targets a production scale-up to 60 KMT by FY32. The platform includes a 200 MT demo plant that has been operational for the past 12 months, with samples successfully qualified by global cell makers. The graphene business targets applications across sectors such as RMC, cement, textiles, and paints, with potential orders under discussion.
Battery Energy Solutions are managed through REPlus, which operates a 1 GWh gigafactory expanding to 6 GWh by H2 FY27. The company reports a commissioned capacity of 100 MWh, 1500 MWh under execution, and a 5000 MWh order pipeline. The Green Power Generation arm includes operational hydro and wind assets, with a total generation of 1017 million units, alongside under-development projects in solar and BESS.
The company has outlined a total capital expenditure plan of approximately ₹5,500 crore for the Greentech platform. This capex is expected to be funded through equity of ₹1,500 crore and debt of ₹4,000 crore. The management estimates a net worth of ₹2700 crore by FY27 and a steady-state Return on Capital Employed (ROCE) of approximately 17% by FY30.
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The senior management representatives participating in the interaction will not share, discuss, or disclose any Unpublished Price Sensitive Information (UPSI). The schedule is subject to change due to exigencies on the part of the investors and/or the company without prior notice.
Historical Stock Returns for HEG
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.49% | +6.72% | +12.44% | +10.36% | +12.23% | +37.05% |
How will the ₹4,000 crore debt component impact the Greentech platform's leverage ratios and credit profile in the near term?
What are the key risks associated with scaling advanced battery material production to 60 KMT by FY32 given current global market dynamics?
How does the company plan to secure the remaining equity funding of ₹1,500 crore amidst the ongoing restructuring process?


































