Exide Industries Ltd - 500086 - Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
Further to our communication vide letter no. EIL/SEC/2018-19/49 dated 7th January 2019, this is to inform you that 'Exide Industries Limited' ('the Company') has entered into 3 (three) separate 'Share Subscription and Shareholders' Agreements' dated 18th April 2019 ('SSSAs') with 'Cleantech Solar Energy (India) Pvt. Ltd.' ('Cleantech') and each of the three below mentioned Special Purpose Vehicle (SPV) companies, namely: a) CSE Solar Sunpark Tamil Nadu Private Limited; b) Greenyana Solar Private Limited; and c) CSE Solar Sunpark Maharashtra Private Limited for purchase of energy from three Captive Power Plants to be set-up by the SPV companies.18-04-2019