Business Standard

Thursday, December 19, 2024 | 08:03 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Exide Industries invests further Rs 75 cr in Exide Energy Solutions

Image

Exide Industries has invested Rs 74.99 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.2,452.24 crore. There is no change in the shareholding percentage of the company in EESL pursuant to such an acquisition.

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: Jun 12 2024 | 5:59 PM IST

Explore News