Exide Industries Ltd. — Capital/Financing Update 2024

Mar 28, 2024

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&EXIDE

Ref No.: EIL/SEC/2023-24/93

28[th ] March 2024

28thMarch 2024
The Calcutta Stock Exchange Limited	BSE Limited
7 Lyons Range	Phiroze Jeejeebhoy Towers
Kolkata - 700 001	Dalal Street, Mumbai - 400 001
CSE Scrip Code: 15060 & 10015060	BSE Scrip Code: 500 086
National Stock Exchange of India Limited
Exchange Plaza, 5th Floor,
Plot no. C/1, G Block
Bandra-Kurla Complex, Sandra (E),
Mumbai - 400 051
NSE Symbol: EXIDEIND

Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("LODR Regulations") of the Efective Date of the Scheme of Amalgamation of wholly owned subsidiaries as approved by the Hon'ble National Company Law Tribunal, Kolkata bench

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Dear Sir/ Madam,

This is in furtherance to our communications dated 12[t1] [1 ] December 2022, 17[t][h ] March 2023 and 7[th ] March 2024 under Regulation 30 of SEBJ (Listing Obligations and Disclosure Requirements) Regulations, 2015 in connection with the Scheme of Amalgamation between two wholly owned subsidiary companies i.e. Exide Energy Solutions Limited ("EESL" / "Transferee Company") and Exide Energy Private Limited ("EEPL" I "Transferor Company").

The Hon'ble National Company Law Tribunal (NCLT), Kolkata Bench on 6[th ] March 2024 by way of judicial pronouncement sanctioned the scheme of amalgamation between EESL and EEPL.

Upon receipt of the certified copy of the aforesaid order on 8[th ] March 2024, both the subsidiaries have filed the order with the Registrar of Companies, Kolkata today i.e. 28.03.2024. Accordingly, the March 2024. Effective Date of the merger is 28[th ]

Pursuant to clause 16 of the sanctioned Scheme of Amalgamation, 13,48,37,048 (Thirteen crore forty­ eight lakhs thirty-seven thousand and forty-eight) fresh equity shares of Exide Energy Solutions Limited will be allotted to Exide Industries Limited. There will however be no change in shareholding percentage of the Company in EESL as a result of above allotment of shares. EESL will continue to remain as wholly owned subsidiary of Exide Industries Limited.

We request you to take the same on record.

Thanking you.

For Exide Industries Limited

JITENDRA KUMAR Digitally signed by JITENDRA KUMAR MOHAN LAL Jitendra Kumar MOHAN LAL Date: 2024.03.28 18:48:36 +05'30' Company Secretary & President- Legal & Corporate Affairs ACS No. 11159

Exide Industries Limited, Exide House, 59E Chowringhee Road, Kolkata-700 020 Phone : (033) 2302-3400, 2283-2171, 2283-2118

e-mail : exideindustrieslimited@exide.co.in, www.exideindustries.com CIN: L31402WB1947PLC014919