Announced Wed, 23 Sept, 2026 · 16:12 IST
Exide subsidiary commissions Phase-I 6 GWh lithium-ion cell plant
EXIDEIND · price
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Price reaction · full curve 14 horizons · vs prior close
-0.1%1-day move
₹424.45
prior close
₹426.00
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AI summary
Exide Industries' material subsidiary Exide Energy Solutions has completed commissioning of Phase-I, a 6 GWh lithium-ion cell manufacturing facility at Devanahalli, Bengaluru, on 23 Sep 2026. The plant will produce advanced lithium-ion cells across multiple chemistries for mobility and energy storage applications, marking Exide's entry into Li-ion manufacturing.
Likely market impact
Positive for growth - opens a new revenue stream in EV and energy storage batteries, supporting long-term diversification beyond lead-acid.