Archive · 31 Oct 2025
Exide Industries Postpones Board Meeting Due to Income Tax Survey
Exide Industries, a company that makes batteries, had to postpone a meeting where they were going to talk about their money from the last three months.
This is because the income tax people are currently looking at their offices and factories.
Exide is cooperating with them and says that business is still going on as usual.
They haven't announced a new date for the meeting yet.
This kind of check by tax authorities is to make sure companies are following tax rules and to gather information.
Exide Industries has postponed its board meeting, originally scheduled for October 30, 2025.
The postponement is due to an ongoing survey by the Income Tax Department at the company's offices and manufacturing units since October 29, 2025.
The board meeting was to consider Exide's unaudited financial results for the second quarter of fiscal year 2026.
Exide Industries stated that there is no material impact on business operations currently and is cooperating fully with the tax department.
A new date for the board meeting has not yet been announced.
- Who
- Exide Industries
- What
- Postponed a board meeting to consider Q2 FY26 financial results due to an ongoing income tax department survey.
- When
- Board meeting was scheduled for October 30, 2025; survey began October 29, 2025.
- Where
- Company offices and manufacturing units in India.
- Why
- An ongoing income tax department survey requires the company's full cooperation, leading to the postponement of the financial results review.
- Company Name
- Exide Industries
- Original Board Meeting Date
- October 30, 2025
- Survey Start Date
- October 29, 2025
- Reason for Postponement
- Ongoing income tax department survey
- Financial Results Consideration
- Unaudited financial results for Q2 FY26