HEG Limited has moved to strengthen its leadership bench as a composite scheme of arrangement reshapes the group’s corporate structure. In a board meeting held on August 24, 2026, the company announced that the scheme will become effective on September 1, 2026, with a record date set for September 7, 2026 to determine eligibility for scheme consideration. As part of the realignment, four senior management personnel have been appointed to Senior Management Personnel status, signaling a deliberate push to preserve continuity in the graphite-focused businesses as the demerger and market realignment proceed. The appointments—Karunesh Kumar Chaturvedi, Ranjan Sarkar, Indu Mehta and Jyoti Gupta—come with transfers from Bhilwara Energy Limited, underscoring a broader reshuffle tied to the ongoing restructuring.