Exide Industries announces investment of Rs 60 bn in Karnataka

Exide Industries on Thursday announced an investment of Rs 6,000 crore in Karnataka. This is for setting up one of the largest giga factories for advanced cell chemistry technology. "Exide Industries MD & CEO, Subir Chakraborty, met with Chief Minister (Basavaraj Bommai) this morning for Rs 6,000 crore investment in a Lithium-Ion cell manufacturing giga factory," Department for Industries and Commerce said in a statement. Stating that this will be one of the country's largest giga factories for advanced cell chemistry technology, it said Exide has requested 80 acres of land in the Haraluru Industrial Area near Bengaluru airport. The project is expected to generate 1,200 -1,400 employment opportunities, it added.
31-03-2022
Bigul

Exide Industries' board approves scheme to merge Chloride Power with parent company

Will be subject to approval from requisite shareholders, creditors & Kolkata Bench of NCLT & other authorities
29-03-2022
Bigul

EXIDE INDUSTRIES LTD. - 500086 - Announcement under Regulation 30 (LODR)-Scheme of Arrangement

Outcome of the Board Meeting held on 29th March, 2022: Intimation of the scheme of amalgamation of wholly owned subsidiary Chloride Power Systems & Solutions Limited ('Transferor Company') with its parent entity Exide Industries Limited ('Company' or 'Transferee Company') (collectively, the 'Amalgamating Companies') and their respective shareholders ("Scheme')
29-03-2022
Bigul

EXIDE INDUSTRIES LTD. - 500086 - Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 ("LODR Regulations") - Incorporation Of Wholly Owned Subsidiary Viz. Exide Energy Solutions Limited

Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("LODR Regulations") - Incorporation of Wholly Owned Subsidiary viz. Exide Energy Solutions Limited
25-03-2022
Bigul

EXIDE INDUSTRIES LTD. - 500086 - Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 ("LODR Regulations") - Commencement Of Production

This is to inform you that Chloride Metals Limited, a material wholly owned subsidiary of Exide Industries Limited ('the Company') has started commercial production at its newly set-up green field manufacturing facility of battery recycling at Haldia, in the state of West Bengal. The said recycling plant is spread over an area of more than 21 acres and is equipped with modern state-of-the-art technology with the help of global engineering firm, Engitec Technologies S.P.A. Italy. The total installed capacity of the plant is 108,000 MT p.a. With addition of this new recycling plant, Chloride Metal Limited is now operating with three battery recycling plants, situated in the state of Maharashtra, Karnataka & West Bengal. You are requested to kindly take the above on record.
24-03-2022

Exide collaborates with China for lithium-ion cell manufacturing in India

Storage battery major Exide Industries has forged a multi-year technical collaboration with a Chinese company for lithium Ion battery manufacturing in India.
10-03-2022
Bigul

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

Press release - Exide Industries enters into a long-term technical collaboration with SVOLT Energy Technology (China) for lithium-ion cell manufacturing
10-03-2022
Bigul

EXIDE INDUSTRIES LTD. - 500086 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate

Intimation under Regulation 39(3) of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015
02-03-2022
Bigul

EXIDE INDUSTRIES LTD. - 500086 - Closure of Trading Window

Kindly note that pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 read with approved Exide Code of Conduct for Prevention of Insider Trading, the Trading Window for sale/ purchase or any kind of dealing in the securities of the Company will be closed from 2nd March, 2022 till the second trading day after the declaration of financial results for the year ending 31st March, 2022 due to the ensuing meeting of the board of directors to consider and approve the financial results of the Company for the period ending 31st March, 2022. During this Window Closure period as mentioned above, all designated persons are prohibited to deal in the securities of the Company. The date of the Board meeting for consideration and declaration of the financial results of the Company for the year ending 31st March, 2022 will be communicated separately.
01-03-2022
Bigul

Buy Exide Industries: target of Rs 229: Sharekhan

Sharekhan is bullish on Exide Industries has recommended buy rating on the stock with a target price of Rs 229 in its research report dated January 31, 2022.
01-02-2022
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