HEG Ltd. — Major Shareholding Notification 2022

Nov 23, 2022

LIi'£ IIN:S!L!FtAN-CE COFtPORATiiOtf OF lt4DIA . .

Central Office, Investment Dept., 'Yogakshema' 6[th ] Floor, Jeevan Bima Marg, Mumbai: 400021 Ph: 022 -66598851/ 26/38/ 47 / Fax: 22825411

~~Ref: INVT/Back Ofice~~

Date :23.11.2022

The Company Secretary HEG LIMITED.

Near Bhopal, Mandideep, Raisen, Madhya Pradesh, 462046

Dear Sir,

Re: Disclosures under Regulation 29(2) the SEBI {Substantial Acquisition of shares and takeovers) Regulations, 2011 .

We are sending herewith the disclosures as required under above mentioned SEBI regulations for a person holding more than 5% shares in a listed company. For your information we are also providing our DP IDs, Client IDs & PAN number.

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Our PAN number is AAACL0S82H.
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Yours faithfully,

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Assistant Secretary (Investment - BACKOFFICE) Cc

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1. BSE Ltd, Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, ck, Mumbai - 400 001.

2. NSE Ltd, Bandra - Kurla Complex, Bandra (E), Mumbai - 400 051. Ends: As above

Annexure 2 Format for disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Share and Takeover) Regulations, 2011

Name of the Target Company (TC)
	HEG LTD.
Name(s) of the acquirer and Persons	Life Insurance	Corporation of India
Acting in Concert (PAC) with the	Central Office,	Yogakshema 6thFloor,
Acquirer	Mumbai-400021.
	022-66598626/8851
Whether the acquirer belongs to Promoter/Promoter group	No
Name(s) of the Stock Exchange(s) where the shares of TC are Listed	NSE/BSE
Details of the acquisition /	Number	% w.r.t.total	% w.r.t. total
disposal/holding of shares/voting		share/voting	diluted
rights/holding of the Acquirer and		capital	share/voting
PAC		wherever	capital of the
		a plicable	TC *
Before the acquisition/disposal under
consideration, holding of :
a) Shares carrying voting rights	26,45,158	6.854%	NA
b) Voting rights (VR) otherwise
than by shares
c) Warrants/convertible
securities/any other instrument
that entitles the acquirer to
receive shares carrying voting
rights in the T C (specify holding
in each cate o )
Total (a+b+c)	26,45,158	6.854%
Details of acquisition/sale
a) Shares carrying voting rights	7,76,160	2.011%
�/sold
b) VRs acquired /sold otherwise
than by shares
c) Warrants/convertible
securities/any other instrument that
entitles the acquirer to
receive shares carrying voting
rights in the TC (specify holding
in each category) acquired/sold
Total (a+b+c)	7,76,160	2.011%
After the ac uisition/sale, holdin of:

a) Shares carrying voting rights b) VRs otherwise than by shares c) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specif holding in each category) after Acquisition.	18,68,998	4.843%
Total (a+b+c)	18,68,998	4.843%
Mode of acquisition / sale (e.g. open market_I_of-market_I_public issue / rights issue / preferential allotment / lnter-se transfer etc).	MARKET SALE
Date of acquisition / sale of shares / VR or date of receipt of intimation of allotment of shares, whichever is applicable	27.12.2019 - 22.11.2022
Equity share capital / total voting capital of the TC before the said acquisition / sale	38,59,55,060.00
Equity share capital/ total voting capital of the TC after the said acquisition / sale	38,59,55,060.00
Total diluted share/voting capital of The TC afer the said acquisition/sale.	NA

(*) Diluted share/voting capital means the total number of shares in the TC assuming full Conversion of the outstanding convertible securities/warrants into equity shares of the TC.

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Signature of the acquirer /seller/ Authorised Signatory

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Place: MUMBAI

Date: 23.11.2022