Exide Industries Limited — Board Meeting, 28-01-2025: Outcome of Board Meeting

The Board of Directors has taken significant decisions during its recent meeting, including the approval of unaudited financial results for the quarter and nine months ending December 31, 2024. For this period, Exide reported a revenue of ₹3,849 crore and a net profit after tax of ₹245 crore. The Board also approved an additional equity investment of up to ₹300 crore in Exide Energy Solutions Limited to support its lithium-ion cell manufacturing plans. Furthermore, Dr. Dipak Sen Chaudhuri and Mr. Arnab Saha ceased to be Senior Management Personnel as of January 28, 2025.