Exide Industries, India to invest additional INR 12 billion in Exide Energy Solutions

On April 30, Exide Industries Limited (EIL) announced that its Board has approved an additional equity investment of up to INR 12 billion in its wholly owned subsidiary, Exide Energy Solutions Limited (EESL). The investment will be made in one or more tranches.
EESL is currently setting up a greenfield lithium-ion ce....

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