HEG Limited has further invested in shares of GrafTech International Ltd., a NYSE Listed Company, through Secondary Market Transactions/Overseas Portfolio Investment (OPI) scheme.

Key details of the acquisition:

• GrafTech International Ltd. is a manufacturer of Graphite Electrodes with a Market Cap of 151.24 Million USD.
• The acquisition was done for investment purposes.
• Consideration was paid in Cash.
• The cost of this specific acquisition is ₹34.59 Crores.
• Total investment in Graftech till date is ₹283.21 Crores.
• The Company's stake in GrafTech has increased from 8.23% to 9.98% post this acquisition.
• The acquisition is not a related party transaction.
• No governmental or regulatory approvals were required as it was through the secondary market.
• HEG has also filed required information with the United States Securities and Exchange Commission (SEC).