HEG Ltd. — Capital/Financing Update 2025

Oct 15, 2025

HEG/SECTT/2025

October 15, 2025

BSE Limited P J Towers Dalal Street MUMBAI - 400 001. Scrip Code : 509631	National Stock Exchange of India Limited Exchange Plaza, 5thFloor Plot No.C/1, G Block, Bandra - Kurla Complex Bandra (E), MUMBAI - 400 051. Scrip Code : HEG

Sub: Disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Update on Wholly Owned Subsidiary

Dear Sir/Madam,

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached the press release which is being issued by TACC Limited (Wholly Owned Subsidiary of the Company or WOS), titled “TACC Limited Secures ₹1,230 Crore Credit Facility from State Bank of India for Lithium-ion Battery Grade Graphite Anode Facility”

The above information is also being made available on the website of the Company i.e. www.hegltd.com and of WOS at www.tacclimited.com

This is for your information and records.

Thanking you,

Yours faithfully, For HEG Limited

Vivek Digitally signed by Vivek Chaudhary Chaudhary Date: 2025.10.15 16:12:45 +05'30' (Vivek Chaudhary) Company Secretary M.No. A-13263

heg.investor@lnjbhilwara.com

Encl. as above

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TACC Limited Secures ₹1,230 Crore Credit Facility from State Bank of India for Lithium-ion Battery Grade Graphite Anode Facility

• ₹1,230 crore credit facility secured from the State Bank of India to fund TACC’s lithium-ion anode manufacturing project

• Greenfield facility in Dewas, Madhya Pradesh, with an annual capacity of 20,000 MTPA of battery-grade graphite anode material

• In among the first-of-its-kind projects in India, aimed at reducing import dependency and building a domestic energy materials ecosystem

• Supports India’s clean energy and electric mobility goals, aligned with Atmanirbhar Bharat and Make in India initiatives

• Facility to adopt cutting-edge, sustainable technologies ensuring global standards in quality and environmental performance

National, 15[th] October 2025: TACC Limited , a wholly owned subsidiary of HEG Limited and part of the LNJ Bhilwara Group, has announced that it has received a credit facility of ₹1,230 crore sanctioned by the State Bank of India

The funding will be utilized to support the company’s upcoming greenfield manufacturing facility in Dewas, Madhya Pradesh, which will produce 20,000 MTPA of lithium-ion battery grade graphite anode material. The facility will be among the first of its kind in India, marking a major step toward building a self-reliant domestic ecosystem for advanced energy materials.

TACC aims to contribute to India’s self-reliance in critical technologies by establishing local manufacturing capabilities for battery-grade graphite anodes – a key component of lithium-ion batteries used in electric vehicles and energy storage system. This facility represents a significant step in TACC’s commitment to developing advanced materials that support India’s growing focus on clean energy and electric mobility

Mr. Ankur Khaitan, MD & CEO, TACC Limited said: “The support from the State Bank of India is a strong validation of our long-term vision to place India at the forefront of advanced energy materials manufacturing. This project is not just an industrial milestone but a step toward shaping a future where clean energy technologies are designed and produced within India. Through this initiative, we aim to strengthen India’s role in the global shift toward sustainable energy solutions”

The Dewas facility will integrate cutting-edge technology and sustainable manufacturing practices to produce high-performance graphite anode materials that meet global quality and environmental standards. Once operational, the plant will play a pivotal role in strengthening India’s clean energy ecosystem and supporting the nation’s transition toward a greener and more self-reliant future.

About TACC

TACC Limited, an innovation-driven venture of the LNJ Bhilwara Group, is a key player in the advanced materials sector, with a strong focus on synthetic graphite and next-generation carbon materials. The company has been at the forefront of pioneering graphene synthesis and developing diverse applications across construction, textiles, coatings, energy storage, and mobility solutions.

With its emphasis on sustainability and green technologies, TACC is building platforms that integrate science, engineering, and industry needs to deliver commercially viable material innovations. The LNJ Bhilwara Group, founded in 1961, is one of India’s most respected business conglomerates with interests spanning textiles, graphite electrodes, power generation, information technology, and renewable energy. With a legacy of over six decades, the Group operates globally with manufacturing excellence, research-driven innovation, and a strong commitment to sustainability. https://www.tacclimited.com/