Deals15 Oct 2025, 01:02 pm
State Bank of India Sanctions Credit Facility of Rs. 1230 Crores to HEG Ltd's WOS for Greenfield Manufacturing Plant
AI Summary
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, HEG Ltd has announced that State Bank of India has sanctioned a Credit Facility of Rs. 1230 Crores to TACC Limited, a Wholly Owned Subsidiary (WOS) of the Company. This financial assistance is for a part funding of the project involving development of Green field manufacturing plant for production of 20,000 MTPA of Lithium-ion battery grade Graphite Anode at Dewas, Madhya Pradesh. This information is also available on the company's website i.e. www.hegltd.com and of WOS at www.tacclimited.com.
Key Highlights
- State Bank of India sanctions a Credit Facility of Rs. 1230 Crores to TACC Limited, a Wholly Owned Subsidiary of HEG Ltd.
- The financial assistance is for a part funding of a project involving development of Green field manufacturing plant for production of 20,000 MTPA of Lithium-ion battery grade Graphite Anode at Dewas, Madhya Pradesh.
- The information is also available on the company's website i.e. www.hegltd.com and of WOS at www.tacclimited.com.