Heg Limited · NSE:HEG

Heg — Merger or Acquisition (May 2024)

11 slides from Heg's merger presentation, May 22, 2024

  1. Slide 1: HEG Limited – Letter to Stock Exchanges

    ·6 LNJ Bhilwara Group Company PROUDTO BE INDIAN PRIVILEGED TO BE GLOBAL HEG/SECTT/2024 22nd May, 2024 1 BSE Limited 2 National Stock Exchange of India Limited P JTowers Exchange Plaza, 5th Floor Dalal Street Plot No.C/1, G Block, Bandra - Kurla Complex MUMBAI - 400 001. Bandra (E), MUMBAI - 400 051.

  2. Slide 2: HEG Limited Meeting 22nd May 2024 – Composite Scheme of Arrangement

    HEG LIMITED Meeting 22nd May 2024 Composite Scheme of Arrangement

  3. Slide 3: Strategic Rationale for the Composite Scheme of Arrangement

    Strategic Rationale for the Composite Scheme of Arrangement 1 Creation of a structure amenable for future growth keeping in view different growth trajectory for each business segment • Segregating different businesses having different risk and return profiles and providing investors with flexibility

  4. Slide 4: Demerger of Graphite Business and Merger of BEL - Key mechanics

    Demerger of Graphite Business and Merger of BEL - Key mechanics on relevant structure Key steps Promoter & 1. Incorporation of a 100% subsidiary with promoter nominal capital – To be renamed to group Public shareholders HEG Limited as a part of the Scheme. Current HEG to be renamed as HEG 7 Greentec

  5. Slide 5: Resultant structure

    Resultant structure Promoter & promoter group 70.54% 56% HEG Wind power Public Public HEG Limited Greentech 29.46% 44% business (Listed) (Listed) 51% 74% 100% Graphite (incl CPP) StatKraft Pte Malana Others: TACC 49% 26% RePlus Power (Unlisted) Manufacturing graphite anode for lithium cells 100% AD

  6. Slide 6: Transaction Summary

    Transaction Summary Proposed Transaction Transaction Highlights Transaction Perimeter* Key Approvals Required  Segregation of Graphite  2 shares with the  The assets, liabilities,  The proposed Scheme Business into a separate shareholders - Graphite contracts, and employees requires final review

  7. Slide 7: Indicative timelines and key approvals

    Indicative timelines and key approvals Upto ~ 4 Months 12 ~ 14 Months ~ 3 Months 1 2 3 4 Regulatory NCLT Filings & Board Approval Fillings & ROC Filing Approvals Approvals  22 May 2024  SEBI / NSE and  Filling of scheme  ROC Filing  Approval of the BSE  Shareholder’s  Allotment of transaction

  8. Slide 8: Advisors to the proposed exercise

    Advisors to the proposed exercise PWC Business ICICI Securities EY LLP Khaitan & Co Consulting Limited Services LLP Tax and regulatory Legal counsel for Valuation experts Merchant banker advisors and scheme for fairness opinion overall Project implementation Coordinators HEG Ltd © LNJ Bhilwara Group

  9. Slide 9: Thank you

    Thank you Mr. Manish Gulati : Executive Director Mr. Om Prakash Ajmera : Group CFO Mr. Gulshan Kr. Sakhuja : CFO Mr. Puneet Anand : CSO Phone : +91 98106 02295 Phone : +91 99101 03865 Phone : +91 99111 23411 Email : Manish.gulati@lnjbhilwara.com Gulshan.sakhuja@lnjbhilwara.com Puneet.anand@lnjbhilwa

  10. Slide 10: Disclaimer

    Disclaimer This presentation has been prepared by HEG Limited (“HEG”) and Bhilwara Energy Limited (“BEL”) for information purposes only in relation to a potential arrangement between HEG, BEL and new company (to be incorporated) pursuant to a composite scheme of arrangement and is solely for the use

  11. Slide 11: Thank You

    Thank You HEG Ltd © LNJ Bhilwara Group 10

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