SBI Mutual Fund reduces HEG Limited stake to 3.52% from 5.71%

HEG Limited has received a shareholding disclosure from SBI Mutual Fund indicating a significant reduction in the fund's stake in the company. The disclosure, dated February 12, 2026, was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Transaction Details SBI Mutual Fund sold 24,50,535 shares of HEG Limited through market sale on February 11, 2026. This transaction represents 1.27% of the company's paid-up share capital and resulted in a decrease of the fund's total shareholding by 2% from the previous disclosure. Parameter Details Shares Sold 24,50,535 Transaction Date February 11, 2026 Sale Method Market Sale Percentage Sold 1.27% Shareholding Changes The transaction significantly altered SBI Mutual Fund's position in HEG Limited. Prior to this sale, the fund held 92,36,460 shares representing 4.79% of the paid-up share capital. However, this figure appears to be the holding before a previous transaction, as the fund's holding was 5.71% according to their January 7, 2026 disclosure. Holding Period Number of Shares Percentage Before Transaction 92,36,460 4.79% Previous Disclosure (Jan 7, 2026) - 5.71% After Transaction (Feb 11, 2026) 67,85,925 3.52% Company Information HEG Limited's equity share capital remains unchanged at ₹38,59,55,060, consisting of 19,29,77,530 equity shares with a face value of ₹2 each. The company's shares are listed on both BSE Limited and the National Stock Exchange of India Limited. Regulatory Compliance The disclosure was made by Vinaya Datar, Chief Compliance Officer and Company Secretary of SBI Funds Management Limited, in compliance with SEBI regulations. The notification was sent to HEG Limited's Company Secretary Vivek Chaudhary and copied to both stock exchanges where the company's shares are listed. SBI Mutual Fund's current holding of 3.52% in HEG Limited represents a substantial reduction from its previous position, indicating the fund's strategic decision to reduce its exposure to the company through market transactions. HEG Limited delivered exceptional financial performance in Q3FY26 while announcing significant strategic initiatives during its Board meeting held on February 10, 2026, demonstrating strong operational efficiency and forward-looking corporate governance. Q3FY26 Earnings Conference Call Recording Available Following the strong quarterly results announcement, HEG Limited has made available the audio recording of its Q3FY26 earnings conference call held on February 11, 2026 at 17:00 hrs IST. The company has provided the recording link and uploaded it on the company website under the Investor Section for stakeholder access. Detail Information Call Date February 11, 2026 Time 17:00 hrs IST Recording Link Available on company website Website Section Investor Section Financial Performance Highlights The company reported remarkable growth across key financial metrics for the quarter ended December 31, 2025. Net profit witnessed substantial improvement, rising 43.65% year-on-year to ₹141.25 crores compared to ₹98.32 crores in Q3FY25. Metric Q3FY26 Q3FY25 Growth (%) Revenue from Operations ₹655.66 crores ₹477.07 crores +37.45% Net Profit ₹141.25 crores ₹98.32 crores +43.65% Total Income ₹756.20 crores ₹590.30 crores +28.11% Basic EPS ₹7.32 ₹5.09 +43.81% Nine-Month Performance The nine-month period showed even more impressive results, with net profit more than doubling to ₹343.91 crores from ₹162.99 crores in the corresponding period of the previous year. Revenue from operations increased 21.60% to ₹1,965.29 crores from ₹1,616.13 crores. Parameter 9M FY26 9M FY25 Change (%) Revenue ₹1,965.29 crores ₹1,616.13 crores +21.60% Net Profit ₹343.91 crores ₹162.99 crores +110.96% Basic EPS ₹17.82 ₹8.45 +110.89% Board Meeting Outcomes and Strategic Initiatives The Board of Directors approved several significant corporate actions during its February 10, 2026 meeting, reflecting the company's strategic expansion and governance enhancement initiatives. Corporate Guarantee for Subsidiary Expansion The Board granted corporate guarantee in favor of State Bank of India for credit facilities to be availed by TACC Limited, its wholly-owned subsidiary. The comprehensive facility structure includes: Facility Type Amount Rupee Term Loan ₹1,230 crores Capex Letter of Credit ₹450 crores Credit Exposure Limit ₹9 crores Leadership Appointment Salil Bawa was appointed as President - Investor Relations, bringing over 25 years of experience in investor relations and corporate communications. His extensive background includes senior roles at organizations such as HCL, Hughes, Bharti, Indo Star, Edelweiss, and Welspun Group. Subsidiary Investment and Business Restructuring The Board approved allotment of 4,00,00,000 Optionally Convertible Debentures of face value ₹100 each in TACC Limited, aggregating to ₹400 crores. Additionally, the Board approved winding up of the Medical Transcription Business of Bhilwara Infotechnology Limited due to AI technology adoption reducing manual transcription requirements. Segment-wise Performance The graphite segment remained the primary revenue contributor, generating ₹647.36 crores in Q3FY26 compared to ₹468.58 crores in Q3FY25. The power segment contributed ₹8.30 crores during the quarter. Segment results for graphite business showed strong profitability with ₹107.27 crores compared to ₹55.69 crores in the previous year. We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better. 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