Board meeting on November 3 to consider Q2 and H1 results and ESOP 2026
Board meeting scheduled for Tuesday, November 3, 2026.
By ScoutQuest · · 2 min read
- Board Meeting Date
- Tuesday, November 3, 2026
- Results Period
- quarter and half year ended September 30, 2026
- Trading Window Closure
- closed from October 1, 2026 till November 5, 2026
What was announced
The company has informed BSE (scrip code 509631) and NSE (symbol HEGAM) that a meeting of its Board of Directors is scheduled to be held on Tuesday, November 3, 2026. The notice was issued on October 22, 2026 by the Company Secretary and Compliance Officer.
Two items on the agenda
- To consider and approve the unaudited Financial Results (Standalone and Consolidated) of the company for the quarter and half year ended September 30, 2026.
- To consider the formulation, adoption and implementation of the "HEG Advanced Materials Limited - Employee Stock Option Plan 2026", for grant of Employee Stock options to the eligible employees of the company and its subsidiaries.
What an ESOP is, in simple terms
An employee stock option plan gives eligible employees the right to receive shares of the company at terms set out in the plan, usually after a waiting period and subject to conditions. Because it involves issuing or transferring shares to employees, an ESOP is a shareholder matter and needs shareholder approval along with other applicable regulatory approvals. The update states that the plan is subject to the approval of shareholders and other regulatory authorities as applicable, under the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
Trading window
The company's trading window for dealing in its securities is already closed with effect from October 1, 2026 and will remain closed till November 5, 2026, under the Code of Conduct for Regulating, Monitoring and Reporting Trading by Insiders. This is the usual blackout period around the announcement of quarterly results.
What investors can watch for
- The quarterly and half-yearly numbers, due to be taken up on November 3, 2026, are the main quantitative event in this notice. This intimation itself carries no financial figures.
- The ESOP proposal is an enabling step. Its size, pricing and vesting terms sit in the plan that goes to shareholders, so the shareholder notice will carry the detail that matters for assessing any dilution.
- The results, once approved, would normally be released alongside or after the board meeting, and the trading window reopens after November 5, 2026.
This is a scheduling notice: it tells the market when to expect the company's September-quarter numbers and flags an employee stock option plan as an additional agenda item.
Also from HEG Advanced Materials
GST authority drops FY 2020-21 proceedings involving proposed IGST refund recovery and penalty
15 Oct 2026
Change in name of Resulting Company under Composite Scheme of Arrangement, effective October 12, 2026
13 Oct 2026
Re-lodgement of transfer requests of physical shares: no requests received in September 2026
7 Oct 2026
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