Exide Industries Limited — Important, 22-07-2025: General Updates

Exide Industries (EIL) has invested an additional Rs 100 Cr in its wholly-owned subsidiary, Exide Energy Solutions (EESL), bringing the total investment to Rs 3,702.23 Cr. This funding will advance EESL's greenfield project in Bengaluru, focused on manufacturing lithium-ion battery cells, modules, and packs for India's growing EV and stationary power markets. EESL recorded a turnover of Rs 116.89 Cr and a loss of Rs 209.12 Cr for FY25 as it establishes its operations. This move strengthens EIL's strategic position in the advanced battery technology space.