Exide Industries Limited — Others, 19-11-2024: Copy of Newspaper Publication

Exide Industries has announced a board meeting to approve the appointment of Mr. Jaidit Singh Brar as an Independent Director for a term of five consecutive years, effective from November 4, 2024. The Postal Ballot Notice was dispatched electronically to shareholders on November 18, 2024, facilitating the voting process through remote e-voting, which commenced on November 19 and will conclude on December 18, 2024. The results of the ballot are expected by December 20, 2024.

This strategic appointment may enhance board independence and governance, reflecting a commitment to strong leadership. For investors, this development could foster a positive outlook on corporate governance practices, potentially increasing confidence in the company's management.