HEG Limited has announced the remittance of ₹400 crore to its wholly-owned subsidiary, TACC Limited, on January 9, 2026. This investment is towards the subscription of 4 crore unlisted and unsecured optionally convertible debentures (OCDs) with a face value of ₹100 each, fully paid-up, aggregating to ₹400 crore in the first tranche. The subscription is in accordance with the terms of a Debenture Subscription Agreement between HEG Limited and TACC Limited.

Following this remittance, TACC Limited, in its board meeting held on the same date, January 9, 2026, allotted these 4 crore OCDs to HEG Limited at an issue price of ₹100 per OCD, fully paid-up, on a private placement basis. This transaction represents a significant investment by the parent company into its subsidiary.