Graphite India Limited — JV/Acquisition, 26-08-2025: Acquisition

Graphite India (GIL) has significantly boosted its stake in Godi India (GIPL), a promising R&D firm focusing on Supercapacitors and advanced battery materials. GIL invested Rs. 18.64 Cr in GIPL's rights issue, increasing its shareholding from 33.77% to 45.76%. This strategic move enhances GIL's portfolio in new-age energy technologies. GIPL, currently in its development stage with no commercial operations, reported a turnover of Rs. 1.54 Cr and a net loss of Rs. 22.31 Cr for FY24. The increased investment underscores GIL's long-term vision for future growth in the evolving energy sector.