GRAPHITE INDIA LIMITED
Transaction Details
Date of Intimation Received: 23rd October 2026 at 13:03 PM
Date of Allotment: 19th October 2026
Investment Details:
- Number of Equity Shares Allotted: 7,78,575
- Face Value: Rs. 10 per share
- Issue Price: Rs. 754.05 per equity share (including a premium of Rs. 744.05)
- Total Investment Amount: Rs. 58,70,84,478.75 (₹58.71 crore)
- Payment Terms: Application money of Rs. 200 per equity share has been paid. Call money shall be payable as and when due.
- Form of Consideration: Cash
Shareholding Impact
Pre-Investment Shareholding: GIL held 45.76% of the paid-up share capital of GIPL.
Post-Investment Shareholding: GIL's shareholding has increased to 52.68% of the paid-up share capital of GIPL, representing a gain of majority control.
Target Entity Profile
Name: Godi India Private Limited (GIPL)
Business: Engaged in research and development of advanced batteries, supercapacitors, and related materials for new age technologies using environmentally friendly processes. Applications span automobiles, renewable energy storage, electronics, and consumer sectors.
Incorporation Date: 28th January 2020
Operational Status: Development stage company that has not yet commenced commercial operations of any product.
Financial Performance (Audited):
- FY 2023-24: Turnover of Rs. 153.67 Lakhs
- FY 2024-25: Turnover of Rs. 48.94 Lakhs
- FY 2025-26: Turnover of Rs. 113.93 Lakhs with a net loss of Rs. 1,404.92 Lakhs (₹14.05 crore)
Transaction Characteristics
- Nature: Subscription to rights issue entitlement, not an acquisition
- Related Party: The transaction involves an Associate Company but does not qualify as a related party transaction as no promoter/promoter group/group companies have any interest in GIPL
- Basis: Arm's length transaction
- Governmental/Regulatory Approvals: None required
- Industry: Manufacturing of advanced batteries and supercapacitors