HEG demerger news: Record date today | Ratio, latest updates, other details in 5 points
HEG demerger news, Sept. 7 -- HEG share price will remain in focus in Monday's trading session as the stock will undergo demerger today, as the company prepares to separate its graphite electrode business into a standalone entity.
On Friday, HEG share price closed 0.38% lower at Rs.725.50 apiece on NSE. The market capitalisation of the HEG stood at Rs.11,579 crore, as of 4 September.
1] Demerging companies: Under the demerger scheme, the graphite electrode business will be transferred to a separate entity, HEG Graphite Limited, which is proposed to be renamed HEG Limited and separately listed as a pure-play graphite electrode company. The existing listed company, HEG Advanced Materials Limited, will retain its advanced materials, batter...
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