HEG Ltd. — Capital/Financing Update 2024

Oct 7, 2024

October 7, 2024

HEG/SECTT/2024

	1	BSE LimitedP J TowersDalal StreetMUMBAI - 400 001.Scrip Code : 509631	2	National Stock Exchange of India LimitedExchange Plaza, 5thFloorPlot No.C/1, G Block, Bandra - Kurla ComplexBandra (E), MUMBAI - 400 051.Scrip Code : HEG

Sub: Disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015

Dear Sir/Ma’am,

In continuation to our earlier letters dated September 13, 2024 and January 23, 2024 and pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), we wish to inform you that HEG Limited (“the Company”) has invested in the shares of GrafTech International Ltd., a NYSE Listed Company (“Graftech”), through Secondary Market Transactions/Overseas Portfolio Investment (OPI) scheme of Foreign Exchange Management (Overseas Investment) Rules, 2022.

The Company has also filed the required information with United States Securities and Exchange Commission under Securities Exchange Act of 1934.

The details required in this regard as per Regulation 30 of the SEBI Listing Regulations read with SEBI Circular no. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, are enclosed herewith as Annexure-A.

Kindly take the same at your record.

Thanking you,

Yours faithfully, For HEG Limited

Vivek Digitally signed by Vivek Chaudhary Date: 2024.10.07 Chaudhary 19:45:11 +05'30' (Vivek Chaudhary) Company Secretary M.No. A-13263 heg.investor@lnjbhilwara.com

Encl: as above

Annexure - A

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----- Start of picture text ----- S. No. Particulars Descriptiona) name of the target entity, details in brief such GrafTech International Ltd., a NYSEas size, turnover etc.; Listed Company.Market Cap- 416.61 Million USDb) whether the acquisition would fall within Norelated party transaction(s) and whether thepromoter/ promoter group/ groupcompanies have any interest in the entitybeing acquired? If yes, nature of interest anddetails thereof and whether the same is done at“arm’s length”;c) industry to which the entity being acquired Manufacturing of Graphitebelongs; Electrodes.d) objects and impact of acquisition (including Purchase of Shares throughbut not limited to, disclosure of reasons for secondary marketacquisition of target entity, if its business is transactions/overseas portfoliooutside the main line of business of the listed investment (OPI) scheme of Foreignentity); Exchange Management (OverseasInvestment) Rules, 2022 forinvestment purpose.e) brief details of any governmental or NAregulatory approvals required for theacquisition;f) indicative time period for completion of the The Company has acquired 8.23%acquisition; stake in the shares of GrafTechInternational Ltd. In case of furtherpurchase of shares, if any, shall besubject to approval from the Boardand will be intimated accordingly.g) consideration -whether cash consideration or Purchase of Shares throughshare swap or any other form and details of Secondary Market.the same;h) cost of acquisition and/or the price at which Total amount invested to the tune ofthe shares are acquired; Rs 248.62 Crore.i) percentage of shareholding / control acquired 8.23%and / or number of shares acquired;----- End of picture text -----

j)	brief background about the entity acquiredin terms of products/line of businessacquired, date of incorporation, history of last3 years turnover, country in which theacquired entity has presence and any othersignificant information (in brief);	GrafTech International Ltd. is aleadingmanufacturerofhigh-quality graphite electrode productsessentialtotheproductionofelectric arc furnace steel and otherferrous and non-ferrous metals. Ithas a competitive portfolio of low-cost, ultra-high power graphiteelectrode manufacturing facilities,with some of the highest capacityfacilities in the world. GrafTechInternational Ltd. has its presenceglobally.Last 3 Years Turnover of GrafTechInternational Ltd. are as follows:a. FY ended December 31, 2023:620,500 USD (in thousand)b. FY ended December 31, 2022:1,281,250 USD (in thousand)c. FY ended December 31, 2021:1,345,788 USD (in thousand)

Digitally signed Vivek by Vivek Chaudhary Chaudhary Date: 2024.10.07 19:45:35 +05'30'