Archive · 25 Sep 2025
Exide Industries Invests ₹80 Crore in Subsidiary
Exide Industries, a company, is putting more money into its subsidiary called Exide Energy Solutions Limited.
They invested 80 crore rupees.
This money will be used to help build a plant in Bengaluru that makes lithium-ion cells.
This new investment brings Exide Industries' total investment in EESL to over 3,800 crore rupees.
Exide Industries still owns all of EESL.
On the stock market, the price of Exide Industries' shares went down a little bit on the same day.
Exide Industries invested ₹80 crore in Exide Energy Solutions Limited (EESL).
The investment funds the Bengaluru lithium-ion cell plant.
Exide's total investment in EESL is now ₹3,882.23 crore.
Exide Industries maintains 100% shareholding in the subsidiary.
Exide Industries shares closed down ₹6.25 on September 25.
- Who
- Exide Industries
- What
- Invested ₹80 crore in Exide Energy Solutions Limited (EESL).
- When
- September 25
- Where
- Bengaluru (implied, based on the lithium-ion cell plant)
- Why
- To fund the Bengaluru lithium-ion cell plant.
- Investment Amount
- ₹80 crore
- Company
- Exide Industries
- Subsidiary
- Exide Energy Solutions Limited (EESL)
- Total Investment in EESL
- ₹3,882.23 crore
- Shareholding
- EIL maintains 100%
- Share Price Impact
- Exide Industries Ltd shares down by ₹6.25