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Exide Industries invests Rs 100 crore in EESL
Sep-30-2026

Exide Industries has invested Rs 100 crore by way of subscription in the equity share capital of its wholly owned subsidiary, Exide Energy Solutions (EESL). With this investment, the total investment made by the company in EESL stands to Rs 5,202.23 crore. 

The equity investment in EESL on a rights basis is intended to meet its various funding requirements for the greenfield plant in Bengaluru for the manufacture and sale of lithium-ion battery cells, modules, and packs. With the current investment, EIL shareholding m EESL remains unchanged at 100%. 

Exide Industries is one of the leading manufacturer and distributor of lead acid batteries and storage solutions, committed to providing unparalleled solutions and services for multiple energy applications worldwide.


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