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.
Exide Industries announced its RTA, CB Management Services, has merged with MUFG Intime India. MUFG Intime will now manage the company's registrar and share transfer services.