HEG Limited announced update on the Expansion Plan earlier approved by the Board on 26th November, 2018, and already intimated to Stock Exchange in terms of SEBI (LODR) Regulations, 2015: This is in continuation to the earlier letter dated 11th August, 2021 intimating update on the status of above expansion plan. The company further informed that the Board in its meeting have taken note of the following: The Company had undertaken an expansion project to increase the existing capacity from 80,000 tons to 1,00,000 tons. As per management's expectation the project was expected to be completed by Decen1ber, 2022.

However due to delay in arrivals of some equipment from overseas suppliers, the management now expects the expansion project to be completed by April, 2023.