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Exide Industries invests additional Rs 39.99 cr in subsidiary, Exide Leclanche Energy

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Capital Market
Last Updated : Apr 13 2021 | 8:31 PM IST
Exide Industries has further invested an amount aggregating to Rs 39.99 crore by way of subscription to the equity share capital of its subsidiary, Exide Leclanche Energy.

With the above investment, the equity shareholding of EIL in JVC stands increased from 80.15% to 82.71 % of the total paid-up share capital.

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First Published: Apr 13 2021 | 8:19 PM IST

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