With reference to the news item appearing in leading English Daily titled "Lakshmi Mittal may be circling HEG", HEG Ltd has clarified that:
- The above mentioned article is not based on information that has officially originated from the Company and is therefore speculative.
- The Company is focused on strengthening its technology and capability-led leadership status in the marketplace, where its high-quality products are accepted by a set of sophisticated and discerning customers that includes some of the largest steelmakers worldwide.