HEG Limited has announced the scheduling of a meeting for the equity shareholders of Bhilwara Energy Limited, set to take place on 5 May 2026. This meeting, convened under the directions of the Hon'ble National Company Law Tribunal, Indore Bench, is aimed at considering and potentially approving a Composite Scheme of Arrangement involving HEG Limited, HEG Graphite Limited, and Bhilwara Energy Limited.
The meeting will be conducted through video conferencing or other audio-visual means, as directed by the Tribunal. Shareholders will have the opportunity to vote on the proposed Scheme, which involves arrangements and amalgamations under Sections 230 to 232 of the Companies Act, 2013.
Remote e-voting for the meeting will commence on 1 May 2026 at 9:00 a.m. IST and conclude on 4 May 2026 at 5:00 p.m. IST. The cut-off date for e-voting eligibility has been set for 28 April 2026.
Details of the meeting and related documents, including the explanatory statement under Sections 230 and 232, are accessible on the Bhilwara Energy website and HEG Limited's website.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).