GENERAL21 Sept 2026
HEG Advanced Materials share price rises on new order from Indus Towers | Do you own? | Stock Market News
HEG Advanced Materials shares rose over 2% after its subsidiary Replus Engitech won a ₹217.56 crore order from Indus Towers to supply lithium-ion battery banks, to be completed by March 31, 2027. This follows the September 2026 demerger that renamed HEG Ltd and created HEG Graphite Ltd. If you hold these shares, note they have traded ex-demerger since September 7.
Key Statutory Highlights
- Replus Engitech, a subsidiary of HEG Advanced Materials, received a ₹217.56 crore order from Indus Towers to supply lithium-ion battery banks, including GST.
- The order is scheduled to be completed by March 31, 2027, or within an extended timeline both parties may later agree upon.
- The September 2026 demerger renamed HEG Ltd as HEG Advanced Materials Ltd and created HEG Graphite Ltd, which is expected to list on the NSE and BSE in the second half of October 2026.
Actionable Advice for Taxpayers / Founders:If you hold or are considering these shares, read the company's exchange filing and watch for the HEG Graphite Ltd listing details before acting, and check with a registered investment adviser. This news is for learning only and is not investment advice.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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