Exide Industries Merger & Restructuring Worth ₹200 Cr
Exide Industries Ltd invested Rs. 199.9999995 Crore in its wholly owned subsidiary, Exide Energy Solutions Limited, via a rights issue to fund greenfield projects.
- Value
- ₹200.0 Cr
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Exide Industries Ltd invested Rs. 199.9999995 Crore in its wholly owned subsidiary, Exide Energy Solutions Limited, via a rights issue to fund greenfield projects.
Exide Industries invested Rs. 100 Crore in its subsidiary, Exide Energy Solutions Limited. The capital supports a lithium-ion battery greenfield project in Bengaluru.
Exide Industries invested Rs. 99.99 Crore in its subsidiary Exide Energy Solutions Limited. The capital supports a greenfield lithium-ion cell manufacturing project in Bengaluru.