{"id":109361,"date":"2023-09-08T10:40:54","date_gmt":"2023-09-08T05:10:54","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=109361"},"modified":"2023-09-08T10:41:00","modified_gmt":"2023-09-08T05:11:00","slug":"exide-industries-invests-over-rs-100-crore-in-the-production-of-advanced-chemistry-battery-cells","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/exide-industries-invests-over-rs-100-crore-in-the-production-of-advanced-chemistry-battery-cells\/","title":{"rendered":"Exide Industries invests over Rs 100 crore in the production of advanced chemistry battery cells"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-4285022757\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>On Thursday Battery maker <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/EXIDEIND\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Exide Industries Ltd<\/a><\/strong> said that in its wholly-owned arm Exide Energy Solutions Ltd it has invested over Rs. 100 crore, which is into manufacturing of advanced chemistry battery cells.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1272863667\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>It made the investment by way of subscription in the equity share capital of Exide Energy Solutions Ltd (EESL) on a rights basis.In a regulatory filing, Exide industries said.tries said.<\/p><p>There is no change in the shareholding percentage of the company in EESL pursuant to such acquisition, it said.<\/p><p>EESL has a paid up equity share capital of Rs 374.40 crore as on date with net worth of Rs 655.20 crore as on March 31, 2023 and it posted a net loss of Rs 59.81 crore in the year ended March 31, the filing added.<\/p><div class=\"trade-content_5\" id=\"trade-4259859127\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>The company is into manufacturing battery cells of advanced chemistry and form factor, including but not limited to cylindrical, pouch, prismatic battery cells as well as manufacturing, assembling, selling battery modules, battery packs and other related activities, the company said.&nbsp;<\/p><p>On Thursday Exide company&#8217;s share price closed 0.2% up at Rs. 273.50.<\/p><div class=\"trade-after-content\" id=\"trade-662276547\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>On Thursday Battery maker Exide Industries Ltd said that in its wholly-owned arm Exide Energy Solutions Ltd it has invested over Rs. 100 crore, which is into manufacturing of advanced chemistry battery cells. It made the investment by way of subscription in the equity share capital of Exide Energy Solutions Ltd (EESL) on a rights [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":19678,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1696,31],"tags":[],"class_list":["post-109361","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-corporate-action","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Exide Industries invests over Rs 100 crore in the production of advanced chemistry battery cells - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"On Thursday Battery maker Exide Industries Ltd said that in its wholly-owned arm Exide Energy Solutions Ltd it has invested over Rs. 100 crore, which is into manufacturing of advanced chemistry battery cells.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/exide-industries-invests-over-rs-100-crore-in-the-production-of-advanced-chemistry-battery-cells\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Exide Industries invests over Rs 100 crore in the production of advanced chemistry battery cells\" \/>\n<meta property=\"og:description\" content=\"On Thursday Battery maker Exide Industries Ltd said that in its wholly-owned arm Exide Energy Solutions Ltd it has invested over Rs. 100 crore, which is into manufacturing of advanced chemistry battery cells.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/exide-industries-invests-over-rs-100-crore-in-the-production-of-advanced-chemistry-battery-cells\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-08T05:10:54+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-09-08T05:11:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/01\/Exide-Cover-Image.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/exide-industries-invests-over-rs-100-crore-in-the-production-of-advanced-chemistry-battery-cells\/\",\"url\":\"https:\/\/tradebrains.in\/features\/exide-industries-invests-over-rs-100-crore-in-the-production-of-advanced-chemistry-battery-cells\/\",\"name\":\"Exide Industries invests over Rs 100 crore in the production of advanced chemistry battery cells - 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