Archive · 20 Jan 2026
HEG Proposes Demerger to Unlock Value
HEG Ltd is planning to split into two companies: HEG Greentech and HEG Graphite.
This is called a demerger.
Emkay Global, a financial services company, thinks this is a good idea and has given HEG a 'Buy' rating with a target price of Rs 750.
HEG Greentech will focus on making battery parts and has plans to build a big factory.
HEG Graphite will deal with graphite products.
Existing shareholders will get shares in both new companies.
The process is expected to finish by mid-2026.
HEG Ltd proposes demerger into HEG Greentech and HEG Graphite to unlock value.
Emkay Global maintains 'Buy' rating with a revised target price of Rs 750.
HEG Greentech valued at Rs 7,500 crore, HEG Graphite at Rs 10,000 crore.
Existing HEG shareholders to receive shares on a one-to-one basis.
Demerger process expected to conclude by June to July 2026.
- Who
- HEG Ltd
- What
- Proposed demerger into HEG Greentech and HEG Graphite
- When
- Expected completion by June to July 2026
- Where
- India
- Why
- To unlock value by segregating businesses
- Company
- HEG Ltd
- Demerger Plan
- Segregation into HEG Greentech and HEG Graphite
- Target Price
- Rs 750
- HEG Greentech Valuation
- Rs 7,500 crore
- HEG Graphite Valuation
- Rs 10,000 crore
- Share Issuance
- One-to-one basis for existing shareholders
- Expected Completion
- June to July 2026