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March 10,2026

V-Guard Raises Stake in Gegadyne Battery Labs Startup in India

V-Guard Industries has approved an additional investment of ₹25 crore in battery startup Gegadyne Energy Labs, increasing its stake from 24.32% to 30.35% on a fully diluted basis. Gegadyne is developing non-lithium battery technology offering lower total cost, longer life, faster charging, and improved safety.

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