Graphite India Board Approves ₹4,330 Crore Investment in New Business Line

Graphite India’s Board of Directors has approved investments of ₹4,330 crores. The investment aims to diversify into the Synthetic Graphite Anode Materials (SGAM) business, a critical part of the Electric Vehicle (EV) ecosystem, and other areas, including Renewable Energy. This move is expected to generate a new revenue stream for the company. The meeting concluded at 12:15 p.m. on January 28, 2026.

Strategic Investment Approved

Graphite India has announced a significant investment of ₹4,330 crores following a board meeting held on January 28, 2026. The approved investment marks a strategic move to diversify the company’s portfolio and tap into emerging opportunities within the electric vehicle (EV) sector.

Focus on Synthetic Graphite Anode Materials

The primary focus of this investment is the development and production of Synthetic Graphite Anode Materials (SGAM). SGAM is a critical component used in Lithium-ion Battery Cells, positioning Graphite India within the growing EV ecosystem. The decision underscores the company’s commitment to sustainable technologies and future-oriented growth.

Diversification and Revenue Generation

This investment is designed to not only diversify Graphite India’s product offerings but also to establish a new and sustainable revenue stream. By entering the SGAM market, the company aims to capitalize on the increasing demand for battery materials driven by the global shift towards electric mobility.

Investment Details

The ₹4,330 crore investment will be deployed in phases across the SGAM business and other sectors, including Renewable Energy initiatives. The investment will be funded through a combination of debt and internal accruals, indicating a balanced approach to financial management and growth.

Source: BSE

Previous Article

Great Eastern Shipping Takes Delivery of Ultramax Dry Bulk Carrier 'Jag Riddhi'

Next Article

GAIL Enters Term Sheet with "K" Line and J M Baxi for Shipping Company Equity