Bigul

EXIDE INDUSTRIES LTD. - 500086 - Reg. 34 (1) Annual Report.

This is to inform you that the 75th Annual General Meeting of the Company will be held on Thursday, 22nd September, 2022 at 10.30 A.M. IST through Video Conferencing (VC) / Other Audio-Visual Means (OAVM). The Notice of the AGM and Annual report inter alia, containing the financial statements and other statutory reports for the year ended 31st March 2022 is being sent electronically to all the Members of the Company whose email addresses are registered with the with the Company/Registrar and Share Transfer Agent (RTA) of the Company or the Depository Participant(s). Pursuant to Regulation 34 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 please find enclosed herewith a copy of Annual Report of the Company for the financial year 2021-22 along with the Notice convening the Seventy-fifth (75th) Annual General Meeting (AGM) of the Company.
26-08-2022
Bigul

EXIDE INDUSTRIES LTD. - 500086 - Newspaper Publication Regarding 75Th Annual General Meeting Of The Company

Please find enclosed newspaper publication regarding 75th Annual General Meeting of the Company
17-08-2022
Bigul

EXIDE INDUSTRIES LTD. - 500086 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

The copy of the Press Release issued by the Company is attached.
29-07-2022
Bigul

EXIDE INDUSTRIES LTD. - 500086 - Announcement under Regulation 30 (LODR)-Change in Directorate

Please find enclosed the matters considered and approved at the Board Meeting held today i.e 29th July 2022.
29-07-2022
Bigul

Q1FY23 Quarterly Result Announced for Exide Industries Ltd.

Auto Parts & Equipment firm Exide Industries Announced Q1FY23 Result : Exide reports 57% sales growth and 85% PBT growth in the first quarter of the financial year 2022-23 Revenue from operations posted an impressive growth of 57% year-on-year in Q1FY23 Despite high input cost inflation, PBT has grown by 85% year-on-year in Q1FY23 supported by revenue growth and lower fixed expenses as a percentage to sales. PBT margin has also increased to 7.8% in Q1FY23 from 6.6% in Q1FY22. Total fixed expenses (employee costs and other expenses) were 18% of sales in Q1FY23 compared to 21.0% in Q1FY22.The company's efforts towards cost optimisation have helped lower fixed costs significantly. The balance sheet remains strong with zero debt and a comfortable liquidity position. Commenting on the performance — Mr. Subir Chakraborty, MD & CEO, said ‘Our strong growth momentum is demonstrated in the first quarter performance as well, with sales and profit before taxes growing at a robust rate of 57% and 85% respectively. Our niche product launches targeting the evolving market requirements, as well as multiple initiatives undertaken for sales transformation and cost optimisation are benefitting the company. New products are garnering excellent customer response and fixed costs are lower as compared to the previous year. However, high commodity prices leading to escalation in raw material costs along with escalation in fuel and freight costs have continued to be a drag in this quarter. We expect the demand scenario to remain buoyant in the near-term, both in automotive and industrial verticals. This, combined with expected stabilisation/softening of commodity prices is likely to support growth and operating margins in the immediate future. Our plans on lithium-ion cell manufacturing are on track and with this project we are moving forward to cater to the growing requirements of our customers in both mobility and stationary applications.’ Result PDF
29-07-2022
Bigul

EXIDE INDUSTRIES LTD. - 500086 - Board Meeting Outcome for Outcome Of The Board Meeting

Please note the attached matters were considered and approved at the Board Meeting held today i.e 29th July 2022.
29-07-2022
Bigul

EXIDE INDUSTRIES LTD. - 500086 - Submission Of Unaudited Financial Results For The Quarter Ended 30Th June 2022

This is in furtherance to our letter dated 27th June 2022, communicating the date of Board Meeting for consideration of Unaudited Financial Results for the quarter ended 30th June, 2022. Please find enclosed the Unaudited Financial Results (Consolidated and Standalone) for the quarter ended 30th June 2022 which was approved and taken on record by the Board of Directors at its meeting held today i.e. 29th July 2022. The said results were reviewed by the Audit Committee of directors at its meeting held earlier today. A copy of the Limited Review Report by the auditors on the said financial results is also enclosed. The copy of the Press Release being issued in this regard is also attached. The board meeting commenced at 1.15 P.M. and concluded at 2.30 P.M. This communication is also being uploaded on the website of the Company at www.exideindustries.com. We request you to kindly take the same on record and acknowledge receipt
29-07-2022
Bigul

EXIDE INDUSTRIES LTD. - 500086 - Update On Li-Ion Cell Manufacturing Facility

Further to our letter no. EIL/SEC/2021-22/69 dated 10th March 2022, we would like to inform you that Exide Energy Solutions Limited (EESL), wholly owned subsidiary of Exide Industries Limited ('Company') has executed the lease cum sale agreement on 26th July 2022 for procuring land parcel admeasuring 80 acres at Hitech, Defence & Aerospace Park, Phase-2, Bengaluru with Karnataka Industrial Areas Development Board (KIADB). The land will be used to set up state-of-the-art green field multi-gigawatt Li-ion battery cell manufacturing facility for the new-age electric mobility and stationary application businesses in India.
27-07-2022
Bigul

EXIDE INDUSTRIES LTD. - 500086 - Announcement under Regulation 30 (LODR)-Retirement

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Para A of Part A of Schedule III to the said Regulations, this is to inform that Mr. Sudhir Chand (DIN: 01385201) an Independent Director of the Company has completed the second term of office on July 21, 2022, thereby completing two terms as an Independent Director. Consequently, he ceases to be a Director of the Company with effect from July 22, 2022.
22-07-2022
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