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Exide Industries further invests Rs 100 cr in Exide Energy Solutions
20-Aug-2025, 04:26
Exide Industries has invested Rs. 100 crore by way of subscription in the equity share capital of its wholly owned subsidiary, Exide Energy Solutions (EESL), on rights basis. With this investment, the total investment made by the Company in EESL stands to Rs. 3,802.23 crore. There is no change in the shareholding percentage of the Company in EESL pursuant to such an acquisition.
Exide Industries has invested Rs. 100 crore by way of subscription in the equity share capital of its wholly owned subsidiary, Exide Energy Solutions (EESL), on rights basis. With this investment, the total investment made by the Company in EESL stands to Rs. 3,802.23 crore. There is no change in the shareholding percentage of the Company in EESL pursuant to such an acquisition.
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