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Exide Industries infuses ₹100 cr into arm Exide Energy Solutions in lithium-ion battery fillipThe investment, made on August 20, was by way of subscription to 2.5 crore equity shares of ₹10 each at a premium of ₹30 per share. With this infusion, Exide’s total investment in EESL now stands at ₹3,802.23 crore. Shares of Exide Industries Ltd ended at ₹396.20, up by ₹3.10 or 0.79%, on the BSE today (August 20).By Jomy Jos Pullokaran   August 20, 2025, 5:10:33 PM IST (Published)2 Min ReadBattery maker Exide Industries Limited on Wednesday (August 20) said it has invested ₹100 crore in its wholly-owned subsidiary, Exide Energy Solutions Limited (EESL), through a rights issue.

The investment, made on August 20, 2025, was by way of subscription to 2.5 crore equity shares of ₹10 each at a premium of ₹30 per share. With this infusion, Exide’s total investment in EESL now stands at ₹3,802.23 crore. The company’s shareholding in the subsidiary remains unchanged at 100%.

EESL, incorporated in March 2022, is engaged in manufacturing and selling lithium-ion battery cells, modules and packs for India’s electric vehicle market and stationary applications. As of March 31, 2025, EESL had a paid-up equity share capital of ₹1,254.21 crore and a net worth of ₹2,738.06 crore. For FY25, it reported a turnover of ₹116.89 crore and a loss after tax of ₹209.12 crore.

Also Read: Exide Q1 Results: Stock falls after management says input costs continue to rise

Exide Industries said the fresh equity infusion will support EESL’s ongoing greenfield project in Bengaluru, which is aimed at establishing large-scale lithium-ion cell manufacturing capabilities. The company noted that the funding will also help meet the subsidiary’s other requirements related to business expansion.

The transaction was carried out on an arm’s length basis and does not alter Exide’s 100% ownership in the subsidiary. No additional regulatory approvals were required for the allotment, which was completed on August 20, 2025.

EESL’s turnover in previous years stood at ₹239.14 crore in FY24 and ₹112.05 crore in FY23, reflecting operations subsequent to the merger of Exide Energy Private into the entity. The business operates entirely in India and is focused on advanced chemistry battery cell production, including cylindrical, pouch and prismatic formats, as well as assembling modules and packs.

Also Read: Exide Industries Q4 Results: Profit down 11%; firm sees demand improving going ahead

Shares of Exide Industries Ltd ended at ₹396.20, up by ₹3.10 or 0.79%, on the BSE today (August 20).Continue Reading(Edited by : Shoma Bhattacharjee)Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsExide Industriesshare market today