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EXIDE INDUSTRIES LTD. - Update On Li-Ion Cell Manufacturing Facility
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27 Jul 2022
Further to our letter no. EIL/SEC/2021-22/69 dated 10th March 2022, we would like to inform you that Exide Energy Solutions Limited (EESL), wholly owned subsidiary of Exide Industries Limited (&apos;Company&apos;) has executed the lease cum sale agreement on 26th July 2022 for procuring land parcel admeasuring 80 acres at Hitech, Defence &amp; Aerospace Park, Phase-2, Bengaluru with Karnataka Industrial Areas Development Board (KIADB). The land will be used to set up state-of-the-art green field multi-gigawatt Li-ion battery cell manufacturing facility for the new-age electric mobility and stationary application businesses in India.
View all announcements for EXIDE INDUSTRIES LTD. Source: BSE India