HEG Ltd has officially rebranded as HEG Advanced Materials Limited, effective September 2, 2026. This follows a court-sanctioned demerger of its graphite electrode business into a separate entity, HEG Graphite Limited. Shareholders should note this formal identity shift, which aligns the company with its long-term strategic pivot toward advanced materials.
HEG Ltd Completes Rebranding to HEG Advanced Materials Limited
New Identity: HEG Advanced Materials Limited
Effective Date: September 2, 2026
Reader Takeaway: The name change reflects a strategic demerger; shareholders should monitor the transition of the new graphite entity.
What just happened
HEG Ltd has successfully completed the procedural requirements to change its corporate name to "HEG Advanced Materials Limited." The name change was formalized following the receipt of a fresh Certificate of Incorporation issued by the Registrar of Companies on September 2, 2026.
Why this matters
This transition marks the conclusion of a significant corporate restructuring process involving a Composite Scheme of Arrangement. The move formally separates the legacy graphite electrode business into a newly formed entity, HEG Graphite Limited, allowing the parent company to pivot its brand and operational focus toward the advanced materials sector.
The backstory
On August 13, 2026, the Hon'ble NCLT, Indore Bench, sanctioned the Scheme of Arrangement. Following the board's approval on August 24, the scheme became effective on September 1, 2026, upon the filing of e-Form INC-28. The rebranding is a direct result of this court-approved restructuring.
What changes now
The company is officially operating under its new name. Per regulatory requirements under Section 12 of the Companies Act, the company is mandated to display its former name alongside the new name at all business locations for a period of two years to ensure transparency for stakeholders and vendors.
What to track next
Investors should look for further filings regarding the operational status and listing details of the demerged entity, HEG Graphite Limited, as the market adjusts to the separation of these two distinct business lines.