HEG has received approval for further investment Upto Rs 90.00 crore in one or more tranches, by way of subscription to the Equity Shares of TACC. The objective of investment is meeting the future fund requirement for business operations of TACC. The Board of Directors of the company at its meeting held on May 22, 2023, approved the same.
HEG is a leading manufacturer and exporter of graphite electrodes in India and operates world's largest single-site integrated graphite electrodes plant.