Attached Composite Scheme of Arrangement amongst the Company and its wholly owned subsidiary (to be incorporated) (hereinafter referred to as 'New Co Limited' or 'Resulting Company') and Bhilwara Energy Limited ('Transferor Company') and their respective shareholders and creditors ('Scheme'). The proposed Scheme inter alia provides for the demerger of the Demerged Undertaking (as defined in the Scheme) from the Company into the Resulting Company on a going concern basis, and amalgamation of the Transferor Company with the Company Attached Approval of modified Composite Scheme of Arrangement amongst HEG Limited and HEG Graphite Limited and Bhilwara Energy Limited and their respective This is in furtherance to our intimation dated May 22, 2024, wherein we had informed that the Board of Directors of HEG Limited (Board) had approved the draft Composite Scheme of Arrangement amongst HEG Limited (Company or Demerged Company or Transferee Company) and HEG Graphite Limited (Resulting Company) and Bhilwara Energy Limited (Transferor Company) and their respective shareholders and creditors under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013 (Scheme). In view of the observations of SEBI as communicated to the Company by BSE Limited on the proposed infusion of funds in the Transferor Company, the Board, at its meeting, held on March 10, 2025 had considered and approved the modified draft Composite Scheme of Arrangement amongst the Company and HEG Graphite Limited and Bhilwara Energy Limited and their respective shareholders and creditors under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013 (Act) (Modified Scheme). The Modified Scheme inter alia provides for: (i) demerger of the Demerged Undertaking from the Company into the Resulting Company on a going concern basis; and (ii) amalgamation of the Transferor Company with the Company. 1 (One) fully paid up equity share of INR 2 (Indian Rupees Two only) each of the Resulting Company, credited as fully paid up, for every 1 (One) equity share of INR 2 (Indian Rupees Two only) each of the Demerged Company. (As Per BSE Announcement Dated on 10.03.2025) Update Regarding Composite Scheme Of Arrangement Amongst HEG Limited And HEG Graphite Limited And Bhilwara Energy Limited And Their Respective Shareholders And Creditors Under Sections 230 To 232 Of The Companies Act, 2013 ('Scheme') (As per BSE Announcement dated on: 27.03.2026) Approval of Board to make the scheme effective on Tuesday, 1st September, 2026 b) Fixation of record date: Monday, 7th September, 2026 (As Per BSE Announcement Dated on 24.08.2026) Trading Members of the Exchange are hereby informed that, pursuant to the Composite Scheme of Arrangement (for Demerger) as approved by the Hon'ble National Company Law Tribunal, Indore Bench, HEG Ltd has fixed Record Date for the purpose of Demerger and for determining the entitlement of the shareholders of the Company, as per details given below: - COMPANY NAME CODE HEG Ltd. (509631) RECORD DATE 07.09.2026 PURPOSE As per the Composite Scheme of Arrangement (for Demerger) as approved by the Hon'ble National Company Law Tribunal, Indore Bench, between, HEG Ltd. (Demerged Company or Transferee Company) and HEG Graphite Limited (Resulting Company) and Bhilwara Energy Limited (Transferor Company) and their Respective Shareholders and Creditors; The Scheme provides for Demerger of the entire Graphite Business of HEG Ltd. (Demerged Company) INTO HEG Graphite Limited (Resulting Company); Upon the Scheme becoming effective and in consideration of the Demerger as stated above, HEG Graphite Limited shall issue and allot Equity Shares to the shareholders of HEG Ltd. in the following proportion:- 1 (One) fully paid-up Equity share of Rs.2/- (Indian Rupees Two only) each of the Resulting Company, credited as fully paid up, for every 1 (One) Equity Share of Rs.2/- (Indian Rupees Two only) each of the Company. EX- ENTITLEMENT FROM DATE & SETT. NO. 07/09/2026 DR- 710/2026-2027 Note: Pursuant to SEBI Circular No. SEBI/Cir/ISD/1/2010 dated November 2, 2010, Trading Members are hereby informed that the Trading in the Equity Shares of HEG Ltd shall be transferred from A Group to T Group w.e.f.07th September,2026 and Pursuant to SEBI Circular No. CIR/MRD/DP/01/2012 dated January 20, 2012, the aforesaid scrip shall be a part of Call Auction in Pre-open Session (Special Pre- open Session (SPOS) on 7th September, 2026. For further information on SPOS, the Trading Members are requested to refer to the Exchanges notice no. 20120216-29 dated February 16, 2012 on Enabling Special Pre-open Session Subject to compliance with requisite formalities, the Equity Shares of the Resulting Company i.e. HEG Graphite Limited, will be listed on BSE Limited. (As Per BSE Notice Dated on 02.09.2026)