Exide Industries further invests Rs 34.99 cr in Exide Energy Solutions

Exide Industries has invested Rs 34.99 crore by way of subscription in the equity share capital of its wholly owned subsidiary, Exide Energy Solutions (EESL), on rights basis.

With this investment, the total investment made by the Company in EESL stands to Rs. 2,000 crore. There is no change in the shareholding percentage of the Company in EESL pursuant to such an acquisition.

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