HEG Advanced Materials Shares Gain 5% After Subsidiary Secures Rs 610 Crore Incentive Under ECMS

TACC secures ₹609 cr incentive for Dewas project

ACC Ltd, a wholly owned subsidiary of HEG Advanced Materials, has received the approval for Rs 609 crore incentive under the Electronics Component Manufacturing Scheme of the Ministry of Electronics and Information Technology

HEG Advanced Materials shares gain 5% after subsidiary secures Rs 610 crore incentive under ECMS

HEG Advanced Materials shares rise 5% after subsidiary TACC receives ₹609.50 crore incentive approval under the ECMS scheme for its Dewas synthetic graphite anode project, supporting domestic battery manufacturing, capacity expansion and India's advanced energy storage ecosystem. The first production phase targets commissioning by June 2027.

HEG Advanced Gains 5% as TACC Receives Rs 609.50 Crore ECMS Incentive Approval

HEG Advanced Materials shares gained around 5% on Wednesday, 11 November 2026, touching an intraday high of Rs 305 on the NSE.  The rise followed an approval for Rs 609.50 crore in government incentives for its wholly owned subsidiary, TACC Limited, under the Electronics Component Manufacturing Scheme (ECMS). The incentive...

TACC to strengthen India’s EV manufacturing plans, receives approval for incentives worth ₹609 crore for its synthetic graphite anode plant in MP - Hello Entrepreneurs

New Delhi, November 11: TACC Limited, a wholly owned subsidiary of HEG Advanced Materials Limited, remains on track to set up its synthetic graphite anode plant, a core component for lithium-ion cells that power electrical vehicles and store clean energy. It has received approval from the Government of India’s Electronics Component Manufacturing Scheme (ECMS) for [...] <p>The post TACC to strengthen India’s EV manufacturing plans, receives appro…