The Board of Directors at HEG Limited has approved the unaudited financial results for Q2 FY26, ended September 30, 2025. Additionally, they approved a plan to invest up to INR 633 Crores in unsecured, unlisted, optionally convertible debentures of its wholly-owned subsidiary, TACC Limited. The board also appointed Shri Puneet Anand as President and Group Chief Strategy Officer, effective December 1, 2025.
Financial Performance Highlights
HEG Limited reported its unaudited standalone financial results for Q2 FY26. Key figures include:
- Revenue from operations: ₹696.85 Crores
- Total Income: ₹803.82 Crores
- Profit before tax: ₹162.89 Crores
- Earnings per share: ₹6.78
The board also reviewed the consolidated financial results, showing a total income of ₹811.51 Crores and a profit before tax of ₹167.97 Crores.
Investment in TACC Limited
The Board approved an investment of up to INR 633 Crores in the optionally convertible debentures (OCDs) of TACC Limited, a wholly-owned subsidiary. This investment will support TACC Limited’s research and development, business expansion, and capital expenditure plans. The debentures are unsecured and unlisted.
Key Management Appointment
Shri Puneet Anand has been appointed as President and Group Chief Strategy Officer of HEG Limited, effective December 1, 2025. He will also be a Key Managerial Personnel of the Company. Anand has over 17 years of experience in strategy, transactions, tax and family-owned enterprises, contributing significantly to strategy, capital raising, and portfolio redesign within the LNJ Bhilwara Group.
Other Key Updates
Bhilwara Infotechnology Limited (BIL), a wholly-owned subsidiary, plans to sell/transfer its 26% shareholding in Texnere India Private Limited, based on a valuation report from a SEBI Registered Merchant Banker. The impact of show cause notices received from the Deputy Commissioner (SGST) Mandideep Circle, Bhopal Division-2 is being reviewed and the company is confident that their IGST refunds are in order.
Source: BSE
