New Delhi, September 23, 2025: HEG Limited has announced that its Board of Directors has approved the grant of an unsecured loan worth ₹210 crore to its associate company Bhilwara Energy Limited (BEL).
According to the filing, the loan will be disbursed in one or more tranches with a tenure of one year, carrying an interest rate of 9% per annum. Repayment will be made through a bullet payment of both principal and interest on maturity.
HEG currently holds 40.42% of the share capital in Bhilwara Energy Limited, which is in the process of amalgamating with HEG Limited (post-demerger of its graphite business) under a composite scheme of arrangement approved earlier this year.
The company clarified that the transaction qualifies as a related party transaction but has been executed on an arm’s length basis. No security has been provided against the loan, and there are no outstanding dues from BEL as of now.
The loan aims to support Bhilwara Energy’s growth trajectory, aligning with the group’s strategy to strengthen its energy portfolio.
