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V-Guard Increases Stake in Gegadyne Energy Labs to 30.35% with INR 25 Crore Investment

STRATEGIC MINERALS

V-Guard Industries will invest INR 25 crore in Gegadyne Energy Labs, increasing its ownership from 24.32% to 30.35% on a fully diluted basis. Gegadyne Energy Labs is focused on non-lithium battery technology, which promises lower total cost of ownership, longer operational life, rapid recharge, improved safety, and reduced maintenance compared to traditional batteries.

This investment allows V-Guard to access and develop alternative battery technology for primary applications like distributed uninterruptible power supply systems and other products in its portfolio. The investment is set to be finalized by March 31, 2026.

V-Guard Increases Stake in Gegadyne Energy Labs to 30.35% with INR 25 Crore Investment
Mar 11, 2026, 6:20 AM

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