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HEG will implement its NCLT-sanctioned scheme on September 1, with September 7 as the record date and 1:1 shares in HEG Graphite. Riju Jhunjhunwala becomes MD & CEO while Ravi Jhunjhunwala shifts to non-executive director, alongside extensive board and KMP reconstitution. Context: resolves the scheme’s pending implementation milestone.
HEG Approves September 1 Scheme Effective Date, Elevates Riju Jhunjhunwala
HEG Approves September 1 Scheme Effective Date And Board Reconstitution
HEG Ltd Sets September 1 Scheme Date, Elevates Riju Jhunjunwala CEO
HEG Sets September 1 Scheme Effective Date, Reconstitutes Board
HEG Secures NCLT Approval For Graphite Demerger And BEL Merger