Exide Increases Investment in its Battery Manufacturing Arm by ₹1.8 Billion

The company's investment in Exide Energy Solutions has gone up to ₹42.02 billion

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Exide Industries has invested ₹1.8 billion (~$20.04 million) in its battery manufacturing arm, Exide Energy Solutions (EESL), by subscribing to the subsidiary’s equity capital via a rights issue.

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