HEG Limited

Nature of Disclosure: Regulatory filing under SEBI Listing Regulations (Regulation 30) regarding a material event involving HEG Limited's wholly owned subsidiary.

Event Details: TACC Limited, a wholly owned subsidiary of HEG Limited and part of the LNJ Bhilwara Group, signed a Memorandum of Understanding (MOU) with the Institute for Functional Intelligent Materials (I-FIM) at the National University of Singapore (NUS) on 2nd June 2026.

Collaboration Scope: The MOU establishes a framework for long-term cooperation in advanced materials science, nanotechnology, and related disciplines, specifically focusing on:

  • Research and innovation in advanced functional materials and graphene technologies
  • Translation of laboratory research into real-world industrial applications
  • Development, testing, validation, and commercialization of new technologies
  • Acceleration of technology maturity (TRLs) through applied R&D and pilot projects
  • Exploration of commercialization pathways including licensing agreements, startups, and joint ventures
  • Talent development through researcher exchange programs and industry training
  • Building cross-border innovation bridges connecting Singapore and India ecosystems
  • Leveraging AI and laboratory automation for novel advanced functional materials development

Strategic Context: The collaboration aims to combine TACC's industrial and commercialization capabilities with NUS' scientific research expertise to accelerate development of next-generation advanced materials technologies.

Management Commentary:

  • Mr. Ankur Khaitan, MD & CEO of TACC Limited, stated the MOU is a deliberate step toward accelerating technology maturity and strengthening India's innovation ecosystem.
  • Professor Sir Konstantin Novoselov, Director of NUS I-FIM and Nobel laureate for graphene discovery, emphasized the importance of industry-academia collaboration for translating scientific research into scalable technologies.

TACC's Capabilities: The disclosure notes TACC operates at the intersection of advanced carbon technologies and industrial innovation, with deep expertise in high-performance carbon and graphite products. The company is currently developing a 20,000 MT anode materials plant and a 4,000+ tonne graphene derivatives facility.

Regulatory Compliance: This disclosure is made pursuant to Regulation 30 of SEBI Listing Regulations and is being made available on both HEG Limited's website (www.hegltd.com) and TACC Limited's website (www.tacclimited.com).

Financial Impact: Not quantified in the disclosure.