Business Standard

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

Image

Capital Market
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.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

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

Explore News