NCLT Order sanctioning Composite Scheme of Arrangement for HEG Limited
HEG Limited informed the NSE on 19 August 2026 of an NCLT-sanctioned Composite Scheme of Arrangement. The scheme type suggests a material corporate restructuring-potentially involving business segmentation, merger, demerger, or transfer of a division/undertaking. Full scheme terms, parties, consideration, and effective date were not independently corroborated in public regulatory filings or mainstream press at the time of filing.
Why it mattersA Composite Scheme under NCLT jurisdiction typically signals a multi-faceted restructuring (merger, demerger, or transfer of undertaking) requiring statutory approvals; the scheme structure and consideration terms will be critical for stakeholder impact and equity treatment.
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SectorIndustrials
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