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Exide, India, further invests in Exide Energy Solutions Limited

On August 18, Exide Industries invested INR 1.99 billion in its wholly owned subsidiary Exide Energy Solutions Limited (EESL) by subscribing to a fresh issue of equity shares on a rights basis. With this tranche, Exide’s cumulative investment in EESL has risen to INR 51.02 billion. The shareholding remains unchanged ....

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