HEG: Intimation regarding change of Corporate Identification Number (CIN) of the Company
HEG (HEG) filed a disclosure titled "Intimation regarding change of Corporate Identification Number (CIN) of the Company". The company is valued at about ₹7,100 crore.
What happened
HEG (HEG) filed a disclosure with the exchanges on 29 October 2026 at 09:43 PM titled "Intimation regarding change of Corporate Identification Number (CIN) of the Company".
Company snapshot
HEG is a small-cap company in the Capital Goods sector, with a market value of about ₹7,100 crore.
The stock last traded at ₹215.3, against a 52-week range of ₹168.1–₹672 (68.0% below the high).
Before this filing the shares had moved −8.5% over the month and −7.4% over three months. Average daily turnover over the last 20 sessions was about ₹24.68 crore.
Promoters held 60.72% at the end of Q2 FY27, up 4.44% points from the previous quarter. Foreign institutions owned 5.30% and domestic institutions 12.76%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 613 | 71.8 | 3.72 |
| Q2 FY26 | 697 | 130.9 | 6.78 |
| Q3 FY26 | 656 | 141.3 | 7.32 |
| Q4 FY26 | 603 | -163.2 | -8.46 |
| Q1 FY27 | 681 | 109.5 | 5.67 |
What history shows
This is not the company's first m&a disclosure: BCEIE has at least 12 earlier filings of this kind on record since May 2026.
After those filings, the stock fell 8.8% on average the next trading day and was down 22.5% on average after five days (7 filings with price data).
Across 156 similar disclosures by other Capital Goods companies, shares moved +0.2% on average the next day and +0.8% over five days; 45% of them rose the next day.
Market-wide, 2,219 m&a filings with an impact score of 50 or more saw an average next-day move of +0.3%, with 49% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 29 Sept 2026 | Apportionment of the Cost of Acquisition of Equity Shares of the… | +0.4% | — |
| 3 Sept 2026 | M&A | −61.5% | −66.5% |
| 2 Sept 2026 | M&A | +3.1% | −64.7% |
What to watch
- Regulatory approvals, completion of the deal and its effect on revenue and margins.
In the news
Recent coverage elsewhere (links open the original publisher):
- Total non-current assets of HEG Advanced Materials Limited – NSE:HEGAM
- HEG appoints Om Prakash Ajmera as Joint MD/CEO in hydropower units
- HEG Advanced Materials Ltd Sees Technical Momentum Shift Amid Mixed Indicator Signals
- Why Did HEG and Graphite India Shares Jump Up to 7% in Today’s Session? Here’s What You Should Know
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.