Graphite India Forays into Battery Tech with ₹500 Million Investment in GODI

The investment would provide Graphite India with a 31% equity shareholding

December 6, 2023

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Graphite India (GIL), a graphite electrode manufacturer, has entered into a definitive transaction to invest ₹500 million (~$6 million) in compulsory convertible preference shares of GODI India, a battery technology company.

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Gautamee Hazarika

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Graphite India Forays into Battery Tech with ₹500 Million Investment in GODI

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