Exide Industries has invested Rs 74.99 crore by way of subscription in the equity share capital of its wholly owned subsidiary, Exide Energy Solutions on rights basis. With this investment, the total investment made by the Company in EESL (including investment made in erstwhile merged subsidiary Exide Energy) stands to Rs. 2,377.24 crore. There is no change in the shareholding percentage of the Company in EESL pursuant to such an acquisition. Powered by Capital Market - Live News

The Board of Exide Industries at its meeting held on 30 April 2024 has appointed Avik Kumar Roy (DIN: 08456036) as Managing Director and Chief Executive Officer for a period of three (3) years i.e. from. 1 May 2024 till 30 April 2027.Powered by Capital Market - Live News

Net profit of Exide Industries rose 2.56% to Rs 184.74 crore in the quarter ended March 2024 as against Rs 180.12 crore during the previous quarter ended March 2023. Sales rose 13.49% to Rs 4172.90 crore in the quarter ended March 2024 as against Rs 3676.76 crore during the previous quarter ended March 2023.For the full year,net profit rose 6.56% to Rs 876.68 crore in the year ended March 2024 as against Rs 822.70 crore during the previous year ended March 2023. Sales rose 11.22% to Rs 16769.73 crore in the year ended March 2024 as against Rs 15078.16 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales4172.903676.76 13 16769.7315078.16 11 OPM %10.7410.10 -10.8410.54 - PBDT422.45386.84 9 1791.591639.50 9 PBT280.62256.07 10 1231.171137.59 8 NP184.74180.12 3 876.68822.70 7 Powered by Capital Market - Live News

Exide Industries announced that the 77th Annual General Meeting(AGM) of the company will be held on 29 July 2024.Powered by Capital Market - Live News

Exide Industries announced that the Board of Directors of the Company at its meeting held on 30 April 2024, has recommended a Final dividend of Rs.2 per share (i.e.200%), subject to the approval of the shareholders.Powered by Capital Market - Live News