Exide Industries infuses ₹100 cr into arm Exide Energy Solutions in lithium-ion battery fillip
The investment, made on August 20, was by way of subscription to 2.5 crore equity shares of ₹10 each at a premium of ₹30 per share. With this infusion, Exide’s total investment in EESL now stands at ₹3,802.23 crore. Shares of Exide Industries Ltd ended at ₹396.20, up by ₹3.10 or 0.79%, on the BSE today (August 20).
The investment, made on August 20, was by way of subscription to 2.5 crore equity shares of ₹10 each at a premium of ₹30 per share. With this infusion, Exide’s total investment in EESL now stands at ₹3,802.23 crore. Shares of Exide Industries Ltd ended at ₹396.20, up by ₹3.10 or 0.79%, on the BSE today (August 20).
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