HEG Advanced Materials Share Price in Focus as Subsidiary TACC Signs MoU for Anode Material Supply

TACC Limited, a subsidiary of HEG Advanced Materials has signed a non-binding memorandum of understanding with a global lithium-ion cell manufacturer for the proposed long-term supply of synthetic graphite-based Anode Active Material, as per the exchange filing. 

The proposed arrangement covers supply of up to 40,000 tonnes of the material for electric mobility applications. 

Proposed Supply Arrangement 

The two companies will work towards developing the supply arrangement further, with technical and commercial requirements still to be finalised. 

The proposed collaboration also leaves room for a larger supply arrangement as the cell manufacturer's manufacturing capacity expands. 

Focus on Battery Material Development 

The MoU goes beyond the proposed material supply. TACC and the global manufacturer will also explore the research and custom development of advanced anode materials. 

The work will focus on materials designed for faster charging and higher energy density, two areas that are important for newer electric vehicle batteries. 

TACC's Production Plans 

TACC is developing its anode active material manufacturing capacity alongside the proposed supply arrangement. 

Its first phase is planned for an annual capacity of 20,000 MT of Anode Active Material. The company also has a committed expansion plan of 44,000 MT for global cell manufacturers.  

In parallel, TACC is working towards commercial graphene production with a target of 500 MT per year. 

A Non-Binding Agreement 

The MoU does not represent a final supply contract. The proposed arrangement remains subject to further discussions and the finalisation of technical and commercial terms. 

The development, however, sets out a potential supply relationship between TACC and a global lithium-ion cell manufacturer. 

Read More: BHEL Share Price in Focus; Company Wins ₹600-900 Crore Order From Power Grid! 

HEG Advanced Materials Share Price Performance  

As of 12 November 2026, at 11:26 AM, HEG Advanced Materials Ltd share price is trading at ₹285.15 per share, reflecting a decline of 1.45% from the previous trading session. 

Conclusion 

The proposed supply of up to 40,000 tonnes marks a new development for TACC's battery materials business. Along with the supply discussions, the collaboration also covers work on advanced anode materials aimed at improving charging speed and energy density. 

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