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Exide Industries Ltd is primarily engaged in the manufacturing of storage batteries and allied products in India.
Exide Industries' Registrar and Share Transfer Agent, CB Management Services, has merged with MUFG Intime India. MUFG Intime India will now function as the company's RTA. This is an operational change for shareholder services.
Exide Industries approved FY26 financial results, with Q4 revenue up 9.4% and PBT up 22.6%. Board proposed a Rs. 2/share dividend. Significant investment of Rs. 1,500 Cr in EV battery arm EESL, with customer sample deliveries for cylindrical cells by Q1 FY27. Auto OEM business grew 25%+.
Exide management is holding virtual one-on-one meetings with institutional investors and analysts. This signals proactive engagement and ongoing dialogue with the investment community.
Exide invested Rs 180 Cr in its wholly-owned battery subsidiary EESL, for its lithium-ion plant. Total investment in EESL now Rs 4,202.23 Cr. Pravin R. Saraf appointed EESL's new MD & CEO.
Exide Industries (EIL) has invested an additional Rs 100 Cr in its wholly-owned subsidiary, Exide Energy Solutions (EESL), bringing the total investment to Rs 3,702.23 Cr. This funding will advance EESL's greenfield project in Bengaluru, focused on manufacturing lithium-ion battery cells, modules, and packs for India's growing EV and stationary...