On September 7, HEG will finalise its demerger, providing shareholders one share in the new entity for each existing share they hold. The graphite electrodes segment will transition to HEG Graphite, retaining the HEG name. Additionally, Bhilwara Energy will merge into HEG at a designated share issuance ratio, with leadership shifts commencing on September 1.
Hy-Tech Engineers IPO Day 3: GMP at 57%, subscription reaches 19.33x. Should you subscribe?
The Hy-Tech Engineers IPO entered its third day of bidding on August 26, with the issue subscribed 19.33 times by the end of Day 2.