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Exide Industries invests Rs 29.99 cr in subsidiary - Exide Energy Solutions

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Exide Industries has invested Rs 29.99 crore in its wholly owned subsidiary, Exide Energy Solutions (EESL) through rights issue. With this , the company's total investment in EESL stands at Rs 1900 crore. There is no change in the shareholding percentage of the Company in EESL pursuant to such an acquisition.

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First Published: Feb 06 2024 | 4:46 PM IST

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