Exide Industries has invested ₹75 crore in its wholly-owned subsidiary, Exide Energy Solutions Limited (EESL), through equity share subscription. This investment increases Exide’s total investment in EESL to ₹4,022.23 crore. The funds will support EESL’s lithium-ion battery business and its greenfield plant project in Bengaluru, without changing Exide Industries’ shareholding percentage in EESL.
Investment in Exide Energy Solutions
Exide Industries Limited has announced an investment of ₹75 crore in its wholly-owned subsidiary, Exide Energy Solutions Limited (EESL). The investment was made on November 25, 2025, through subscription to equity shares of EESL on a rights basis.
Details of the Investment
The ₹75 crore investment was made by subscribing to the equity share capital of EESL. Following this investment, the total investment made by Exide Industries in EESL amounts to ₹4,022.23 crore.
Purpose of the Investment
EESL is focused on manufacturing and selling lithium-ion battery cells, modules, and packs. It is currently setting up a greenfield plant in Bengaluru. The equity infusion from Exide Industries will be used to support the ongoing green field project and to meet other funding requirements of the subsidiary.
Impact on Shareholding
Despite the new investment, Exide Industries’ shareholding percentage in EESL remains unchanged at 100%.
Exide Energy Solutions Overview
Exide Energy Solutions Limited (EESL) was incorporated on March 24, 2022. As of March 31, 2025, EESL had a net worth of ₹2,738.06 crore and a turnover of ₹116.89 crore. The company reported a loss after tax of ₹209.12 crore for the year ended March 31, 2025.
Source: BSE