HEG Secures NCLT Sanction For Composite Demerger And Amalgamation Scheme

NCLT Indore sanctioned HEG’s Composite Scheme: the graphite business will demerge into HEG Graphite Ltd, while Bhilwara Energy will merge into HEG; share exchanges are 1:1 and 8:7, respectively. Effectiveness awaits certified-order filing; the resulting company must pursue listing within 60 days. Context: resolves the pending scheme approval.