HEG demerger: What 1:1 restructuring mean for shareholders as company fixes record date?
On September 7, HEG will finalise its demerger, providing shareholders one share in the new entity for each existing share they hold. The graphite electrodes segment will transition to HEG Graphite, retaining the HEG name. Additionally, Bhilwara Energy will merge into HEG at a designated share issuance ratio, with leadership shifts commencing on September 1.
