HEG Advanced Materials Limited (formerly HEG Limited) has announced the resignation of Salil Bawa, the President – Investor Relation and a member of the senior management team. The resignation was submitted via email on September 12, 2026, and after discussions, the company confirmed acceptance of the resignation on September 14, 2026. Accordingly, Salil Bawa ceased to hold the post of President – Investor Relation and to be a member of the Senior Management with effect from September 14, 2026. The company has expressed appreciation for his contributions and wished him success in his future endeavours.
The leadership change comes as HEG continues to navigate its investor relations function during a period of strategic recalibration. Bawa’s role had been central to shaping the company’s dialogue with investors and stakeholders, and his departure places a spotlight on how HEG communicates its evolving vision for advanced materials, especially in the wake of the group’s rebranding from HEG Limited to HEG Advanced Materials Limited.
The resignation acceptance letter, signed by Rahjan Sarkar, Group CHRO, notes that Salil Bawa’s last working day was the close of business on September 14, 2026 and states that the company has waived the contractual liability to serve the remaining duration of the notice period. Post-employment obligations such as confidentiality, non-disclosure, and non-solicitation remain binding. This transition underscores the importance placed on safeguarding ongoing investor relations continuity and ensuring a steady hand in external communications during leadership change.
As HEG positions itself in a broader advanced materials agenda, the departure of a key executive in investor relations serves as a reminder of how leadership in communications can shape perceptions among investors, employees, and partners alike. The path forward will hinge on maintaining clear, credible dialogue and a coherent narrative about the company’s strategy and performance.