Demerger Update: Unpledging of HEG Holdings

HEG Ltd. is undergoing a demerger under which its graphite business will be transferred to HEG Graphite Limited. The record date for determining eligible shareholders is Monday, 7th September 2026.

As part of this corporate action, all pledged HEG shares, including shares pledged under MTF and normal pledge, will be unpledged on 7th September 2026.

For MTF Clients

• HEG shares pledged against MTF positions will be unpledged due to the demerger.
• Please ensure sufficient funds or collateral are available to meet any resulting margin requirement and avoid RMS action.

For Normal Pledge Clients

• HEG shares pledged as collateral will be unpledged.
• Once unpledged, these shares will no longer provide collateral value.

For more information, refer to the BSE circular.