Havells India Limited has issued a Press Release titled "Havells Enters Battery Energy Storage Segment Through Strategic Collaboration with Pixii AS", dated 9 July 2026.

Filed: 09 Jul 2026, 17:00 IST Exchange: BSE Category: Corporate Action — Strategic Collaboration

Havells India Limited announced a strategic collaboration with Norway-based Pixii AS to enter the Battery Energy Storage Systems (BESS) segment in India. - Collaboration aims to develop advanced, modular BESS for residential, commercial, and industrial customers. - Phased roadmap includes pilot installations, co-development of solutions, and local manufacturing in India. - Market for BESS in India expected to reach ~10-12k INR Cr by FY30, growing >100% CAGR over next 3 years. - Partnership combines Havells' manufacturing and distribution with Pixii's global energy storage technology. - Collaboration supports India's clean energy transition and sustainability goals.

Source: Original filing PDF — view on exchange portal

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Important. The summary above is generated automatically from Havells India Limited's own public regulatory filing under SEBI LODR. Indian Stock Alerts is not a SEBI-registered Research Analyst or Investment Adviser. This page is informational, not investment advice, a recommendation to buy or sell any security, or any opinion about the company's business, governance or financial health. Always read the original filing before acting and consult a registered adviser for investment decisions.