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EXIDEINDBSEEXIDE INDUSTRIES LTD· Auto AncillariesHighPositive
Announced Tue, 29 Sept, 2026 · 17:19 IST

Exide invests Rs 100 crore more in EESL for Bengaluru battery plant

Strategic Transactions View source PDFExplain this filing

EXIDEIND · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
+1.3%Reaction day
₹405.00
prior close
₹407.75
announcement price
After-mkt
timing
Nifty Midcap 150market+0.1%+1.2% vs market
Auto Components & Equipments peers, median of 124sector-0.0%+1.3% vs sector

On the reaction day the stock moved 1.2 pts more than Nifty Midcap 150 and 1.3 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.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
+1.5
10m
+2.2
15m
+1.8
30m
+1.8
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+1.3+0.1+1.2-0.0+1.3
Next day
+1.1-1.0+2.1-1.6+2.7
2d
-0.0-0.4+0.4-2.3+2.3
3d
+0.3+0.6-0.3-1.8+2.1
4d
-0.6-0.1-0.6-2.0+1.3
5d
-2.5-2.5+0.0-4.2+1.7
1w
-3.1-1.1-2.0-3.4+0.3
15d
-18.1-5.8-12.4-9.8-8.4
1m
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3m
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UpDownMarket · Nifty Midcap 150Sector · Auto Components & Equipments peers, median of 124Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Exide Industries invested Rs 99.99 crore in its wholly owned subsidiary Exide Energy Solutions (EESL) via rights issue of 2.85 crore shares at Rs 35 each (Rs 10 face value plus Rs 25 premium). Total investment in EESL now stands at Rs 5,202.23 crore. Shareholding remains unchanged at 100 percent. Funds will support EESL's greenfield lithium-ion battery plant in Bengaluru. EESL reported FY26 turnover of Rs 157.56 crore and a loss after tax of Rs 248.16 crore.

Likely market impact

Continued capital infusion shows commitment to EV battery business. Subsidiary losses may weigh on consolidated earnings. No change in shareholding structure.