Exide Industries Limited — Board Meeting, 30-04-2025: Outcome of Board Meeting

Exide Industries' Board has approved audited financial results, showcasing consolidated revenue from operations of ₹16,588 crore, a rise from ₹16,029 crore YoY. A final dividend of ₹2 per equity share is proposed, awaiting shareholder approval at the AGM. Mr. Sridhar Gorthi steps in as Chairman, following Mr. Asish Kumar Mukherjee's retirement as CFO. Mr. Manoj Kumar Agarwal is set to become Director of Finance and CFO effective May 1, 2025. The company plans to invest ₹1,200 crore in its subsidiary, Exide Energy Solutions Ltd., to enhance lithium-ion manufacturing capabilities.