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An announcement from HEG Limited ( (IN:HEG) ) is now available.
HEG Limited’s board has approved the audited standalone and consolidated financial results for the quarter and year ended 31 March 2026 and recommended a final dividend of Rs 3.40 per equity share for FY 2025-26, subject to shareholder approval. The board also cleared the continuation of non-executive non-independent director Shekhar Agarwal beyond the age of 75, and re-appointed N. D. Birla & Co. as cost auditor, S. L. Chhajed & Co. LLP as internal auditor, and SCV & Co. LLP as tax auditor for upcoming financial years.
In a move that strengthens funding support for its wholly owned subsidiary, the board authorized creation of security in favour of the lender or security trustee on behalf of TACC Limited, following an earlier corporate guarantee for credit facilities from State Bank of India. These decisions underscore HEG’s focus on governance continuity, regulatory compliance, and capital backing for group expansion, with implications for shareholders through the proposed dividend and for creditors via enhanced security arrangements.
More about HEG Limited
HEG Limited is an India-based manufacturer operating in the graphite electrodes and related carbon products segment, supplying primarily to steel producers and industrial customers in domestic and global markets. The company functions through standalone and consolidated entities, including wholly owned subsidiary TACC Limited, as part of the LNJ Bhilwara Group’s diversified industrial portfolio.
Average Trading Volume: 209,760
Technical Sentiment Signal: Buy
Current Market Cap: 128.1B INR
For an in-depth examination of HEG stock, go to TipRanks’ Overview page.