Exide Industries, India further invests INR 1.5 billion in battery cells manufacturing subsidy

On January 15, Exide Industries Limited (EIL) invested approximately INR 1.5 billion in its wholly owned subsidiary, "Exide Energy Solutions Limited" (EESL), on a rights basis. With this investment, its total investment in EESL stands at INR 33.02 billion. There is no change in the shareholding percentage of the Comp....

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