Exide Industries invests ₹100 crore in subsidiary Exide Energy Solutions
The investment has been done through a rights issue. EESL specialises in manufacturing lithium-ion battery cells, modules, and packs for the growing electric vehicle (EV) market in India. Shares of Exide Industries Ltd ended at ₹485.65, up by ₹5.85, or 1.22%, on the BSE.
BSE
EXIDEIND
Electric
Markets