Exide Industries procures land in Bengaluru for Li-ion battery cell facility

Exide Industries procures land in Bengaluru for Li-ion battery cell facility

Exide Industries Limited said that its fully-owned subsidiary Exide Energy Solutions Limited (EESL) is procuring a land parcel in Bengaluru for setting up a greenfield multi-gigawatt Li-ion battery cell manufacturing facility. According to the Indian storage battery manufacturing company, Exide Energy Solutions signed a lease cum sale agreement with Karnataka Industrial Areas Development Board (KIADB) […]

Exide Industries invests Rs 20cr in Exide Leclanche Energy

Exide Industries invests Rs 20cr in Exide Leclanche Energy

Exide Industries Limited, an Indian storage battery manufacturer, said that it has invested nearly INR 20 crores in Exide Leclanche Energy to increase its stake in the manufacturer of lithium ion batteries, module making, and associated systems to 84.9%. The additional stake of 0.9% was acquired by Exide Industries through subscription to the equity share […]