Exide Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/11/2025 ,inter alia, to consider and approve the unaudited financial results ....
EXIDEIND · price
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On the reaction day the stock moved 0.9 pts more than Nifty Midcap 150 and 1.4 pts more than its Auto Components & Equipments peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Exide Industries has informed the stock exchanges that the Income Tax Department conducted a survey action under Section 133A of the Income Tax Act, 1961 at the company's offices and manufacturing units in India. The action concluded on 5th November 2025 (late evening), and the company says it extended full cooperation. The Board Meeting, originally scheduled for 30th October 2025 to approve Q2/H1 FY26 unaudited financial results, was postponed due to this development and has now been rescheduled to 14th November 2025. The trading window for dealing in the company's securities will reopen on 19th November 2025.
The Income Tax survey is a negative short-term overhang that may pressure the stock and create uncertainty around the upcoming results. Investors should watch for further disclosures once the Board meets on 14th November, as the company has stated no material update is currently required to be disclosed.