Exide Industries Invests INR 1 Billion in Upcoming Lithium-Ion Cell Manufacturing Facility in Bengaluru
July 23, 2025
Exide Industries Limited, a manufacturer of storage batteries, has invested INR 1 billion in its wholly owned subsidiary, Exide Energy Solutions Limited (EESL), through a rights issue. With this infusion, Exide’s total investment in EESL now stands at INR 37.02 billion. The transaction does not affect Exide’s 100 percent ownership of the subsidiary. EESL, incorporated in […]
