NSEGeneral Updates6d ago · 15 Jul 2026, 06:29 pm
General Updates
Archean Chemical Industries Limited · ACI
✦ AI SummaryExpansion
Archean Chemical Industries Limited has informed the Exchange about General Updates regarding its investment in Offgrid Energy Labs Inc. and the inauguration of its first Zinc Bromide Based Battery pilot manufacturing facility in the United Kingdom.
Analysis Scores
Earnings Impact2/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact5/10
Market Sentiment6/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Archean Chemical Industries Limited has informed the Exchange about General Updates
Attachments (1)
📄pdf
Download →
ARCHEAN_15072026182445_Intimation.pdf
View document text
Archean Chemical Industries Limited
Life’s good with our chemistry
July 15, 2026
National Stock Exchange of India Limited BSE Limited
Exchange Plaza Listing Operations
Bandra-Kurla Complex, Bandra (E) P J Towers Dalal Street
Mumbai-400051 Mumbai-400001
Symbol-ACI Scrip Code- 543657
Dear Sir/Madam,
Sub: Update on investment in Offgrid Energy Labs Inc. – Inauguration of first Zinc
Bromide Based Battery pilot manufacturing facility in the United Kingdom
Reference: Voluntary disclosure pursuant to Regulation 30 of the SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015
In continuation of our intimation dated October 27, 2024 and January 22, 2025 regarding
the Company’s investment of USD 12 million in Offgrid Energy Labs Inc., Delaware, USA
(“Offgrid”), and our subsequent disclosures in the investor presentations and in the notes to
the financial results regarding the subscription of A1 Preferred Stock on May 14, 2025
securing an 18.14% stake in Offgrid (with the balance commitment to be made in due
course), we wish to voluntarily inform you of the following development.
Offgrid has inaugurated its first Zinc Bromide based battery (ZincGel®) pilot manufacturing
facility – an initial 10 MWh demonstration line – at Hook, Hampshire, United Kingdom, on
July 07, 2026. This marks the transition of the technology from laboratory innovation to
commercial pilot-scale production. The establishment of a pilot manufacturing facility in the
UK was one of the stated objectives of the Company’s investment in Offgrid, as disclosed in
our earlier intimation.
ZincGel® is a proprietary zinc-bromide battery platform developed by Offgrid Energy
designed for long-duration stationary energy storage applications, including renewable
energy integration, grid balancing, peak-load management, microgrids and industrial
backup power. Long-Duration Energy Storage ("LDES") refers to systems capable of storing
and dispatching energy for extended periods ranging from 10 hours to several days or
seasons and is increasingly considered critical for bridging intermittencies in renewable
energy generation and ensuring grid stability. The Company’s Bromine business synergizes
directly with the zinc-bromide chemistry underlying batteries, and the facility establishes a
foundation for future large-scale battery manufacturing, including the intended giga-
factory in India.
There is no additional financial commitment by the Company arising from this
development.
The above information will also be available on the website of the Company at
www.archeanchemicals.com
Kindly take the same on record.
Thanking you
Yours faithfully
For ARCHEAN CHEMICAL INDUSTRIES LIMITED
VIAJAYARAGHAVAN N E
Company Secretary and Compliance Officer
M. No. A41671
Regd. Office : No.2, North Crescent Road, T Nagar, Chennai – 600017, Tamil Nadu, India. Ph: +91 44- 61099999
www.archeanchemicals.com, info@archeanchemicals.com; CIN: L24298TN2009PLC072270; GSTIN: 33AAHCA8471D3ZR