HEG Limited Schedules Investor Presentation on Demerger and Greentech Business for January 19, 2026
HEG Limited has scheduled an investor presentation for January 19, 2026, to update stakeholders on its Composite Scheme of Arrangement and comprehensive Greentech business overview. The Greentech division encompasses three strategic verticals: Advanced Battery Materials targeting 30,000+ MT offtake discussions, Battery Energy Solutions with international project presence, and Renewable Energy generation with ambitious targets of 2.3 GWp solar and 5.9 GWh BESS by FY30. The company has assembled experienced leadership across all divisions and is leveraging its 50 years of graphitization expertise to establish itself as a key player in India's growing battery materials and renewable energy sectors.

*this image is generated using AI for illustrative purposes only.
HEG Limited has scheduled an investor presentation for January 19, 2026, at 16:00 hrs IST to provide comprehensive updates on its Composite Scheme of Arrangement and Greentech business overview. The company issued this announcement on January 16, 2026, following an earlier intimation dated January 13, 2026, regarding the demerger update webinar.
Composite Scheme of Arrangement Update
The investor presentation will focus on providing stakeholders with detailed information about the company's composite scheme of arrangement. The presentation materials have been made available to investors and uploaded on the company's official website for broader accessibility.
Greentech Business Leadership Structure
The company has assembled an experienced leadership team to drive its Greentech initiatives across multiple business verticals. The leadership structure includes seasoned professionals with extensive industry experience:
| Position | Executive | Experience |
|---|---|---|
| CMD, Greentech | Riju Jhunjhunwala | 25+ years leading sustainability innovation, scaled 300+ MW renewable capacity |
| CEO, Advanced Battery Material | Ankur Khaitan | 17+ years experience, 12+ years at HEG Ltd in strategy and operations |
| CEO, Battery Energy Solution | Hiren Pravin Shah | 23+ years in BESS and energy solutions with major corporations |
| CEO, Greentech | Basant Jain | Former MD & CEO at Mahindra Susten, led 6+ GW solar projects |
| Group CFO & CEO-Hydro & Wind | O.P. Ajmera | 15+ years leading renewable energy portfolio, 30+ years in corporate finance |
Advanced Battery Materials Division
The Advanced Battery Materials segment represents a strategic forward integration into EV battery solutions and Battery Energy Storage Systems (BESS). The division is positioned to capitalize on India's growing battery market, with projections indicating annual battery capacity additions of 200 GWh and anode demand of 120-140 KTPA by FY30.
The company is developing multiple anode product categories to serve different market segments:
| Product Type | Market Share Target | Applications |
|---|---|---|
| Mid-end SG | 30% | ESS (LFP, C&I & residential); entry EV/2W/3W |
| High-end SG | 60% | Premium/mainstream EVs, Electronics & higher-duty ESS |
| Silicon-doped Anode (Si-C) | 10% | Premium/performance EVs |
The division has advanced offtake discussions underway with key customers for quantities exceeding 30,000 MT. The company is also developing innovative products including silicon-doped anodes for high-capacity applications and graphene-based anodes for fast-charging solutions.
Battery Energy Solutions Portfolio
The Battery Energy Solutions division focuses on grid-scale and commercial BESS applications. The company has established a presence in international markets, with projects spanning multiple countries including operations in Saudi Arabia and D.R. Congo, featuring a 4MW/18MWh installation.
Renewable Energy Power Generation Strategy
The renewable energy segment encompasses both solar and hydro power generation assets. The company has outlined an ambitious target RE IPP portfolio of 2.3 GWp solar capacity combined with 5.9 GWh BESS by FY30.
| Timeline | Solar Executed (MWp) | BESS Executed (MWh) | Solar Cumulative (MWp) | BESS Cumulative (MWh) |
|---|---|---|---|---|
| FY-26 | 300 | 1,200 | 300 | 1,200 |
| FY-27 | 500 | 1,000 | 800 | 2,200 |
| FY-28 | 500 | 1,000 | 1,300 | 3,200 |
| FY-29 | 500 | 1,200 | 1,800 | 4,400 |
| FY-30 | 500 | 1,500 | 2,300 | 5,900 |
The company has emerged as L1 bidder in MSEDCL standalone BESS tender for 1,000 MWh capacity. In the hydro segment, the company has acquired a 49% stake from Statkraft in Malan & AD hydro projects to establish sole ownership and strengthen its renewable energy portfolio.
Strategic Market Positioning
The Greentech business strategy leverages the company's 50 years of proven graphitization experience to address the widening supply gap in advanced battery materials. The company is positioning itself as a reliable India-based alternative for anode materials, supporting the country's growing electric vehicle and energy storage markets.
The investor presentation on January 19, 2026, will provide detailed insights into these strategic initiatives and the progress of the composite scheme of arrangement, offering stakeholders comprehensive visibility into the company's transformation and growth trajectory.
Historical Stock Returns for HEG
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.17% | -6.68% | +8.00% | +8.62% | +34.75% | +184.77% |















































