Exide Industries invests ₹80 crore in arm to fund Bengaluru lithium-ion cell plant
With this infusion, the company’s total investment in Exide Energy Solutions Limited (EESL) stands at ₹3,882.23 crore. The investment does not change EIL’s 100% shareholding in the subsidiary. Shares of Exide Industries Ltd ended at ₹393.60, down by ₹6.25 or 1.56%, on the BSE today, September 25.
With this infusion, the company’s total investment in Exide Energy Solutions Limited (EESL) stands at ₹3,882.23 crore. The investment does not change EIL’s 100% shareholding in the subsidiary. Shares of Exide Industries Ltd ended at ₹393.60, down by ₹6.25 or 1.56%, on the BSE today, September 25.
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