HEG Advanced Materials Limited (formerly HEG Limited)
Nature of Disclosure: Regulatory filing under SEBI Listing Regulation 30 regarding material contract awards to a subsidiary company.
Key Details:
- Receiving Entity: Replus Engitech Private Limited, a subsidiary of HEG Advanced Materials Limited
- Contract Awarding Entity: Indus Towers Limited (formerly Bharti Infratel Limited)
- Nature of Contract: Supply of Lithium-Ion Battery Banks
- Contract Value: ₹217.56 crore (Rupees Two Hundred Seventeen Crore Fifty Six Lakh only), inclusive of GST
- Execution Timeline: On or before March 31, 2027, or such extended date as may be mutually agreed upon between the parties
- Geographic Scope: Domestic contract awarded by domestic entity
Additional Disclosures:
- Contract Terms: General conditions as per purchase orders (no significant additional terms disclosed)
- Related Party Status: The transaction does not fall under related party transactions
- Promoter Interest: No - the promoter/promoter group/group companies have no interest in Indus Towers Limited
Regulatory Context:
- Filed pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Compliance with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
- Signed by Ravi Gupta, Company Secretary & Compliance Officer (FCS No.: 5731) on September 18, 2026
Financial Impact: The contract represents a significant order worth ₹217.56 crore for the subsidiary company, though the specific financial impact on HEG Advanced Materials Limited is not quantified in the disclosure.