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EXIDE INDUSTRIES LTD. - Announcement under Regulation 30 (LODR)-Diversification / Disinvestment
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03 Sep 2021
This is to inform you that the Board of Directors of Exide Industries Limited (Company) at its meeting held today, has considered and subject to the approval of its shareholders, approved the divestment of the Company&apos;s entire equity shareholding in Exide Life Insurance Company Limited, a material wholly owned subsidiary of the Company, by way of sale to HDFC Life Insurance Company Limited .&lt;BR&gt; &lt;BR&gt; In terms of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the disclosure for the said Proposed Transaction is enclosed herewith as Annexure 1.&lt;BR&gt; &lt;BR&gt;
View all announcements for EXIDE INDUSTRIES LTD. Source: BSE India