Exide Industries Ltd. — Capital/Financing Update 2025

Nov 25, 2025

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RefNo: EIL/SEC/2025-26/56

25 [th ] November 2025

The Secretary The Calcutta Stock Exchange Limited 7 Lyons Range Kolkata - 700 00 I CSE Scrip Code: 15060 &10015060	The Secretary BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001 BSE Scrip Code: 500086
The Secretary National Stock Exchange of India Limited Exchange Plaza, 5th Floor Plot no. C/1, G Block, Bandra-Kurla Complex, Bandra (E), Mumbai - 400 051 NSE Symbol: EXIDEIND	~~-~~

Dear Sir/Madam,

Sub: Disclosure under Regulation 30 of SEBI (Li tng Obligations and Disclosure Requirements) Regulation , 2015 ("SEBI Listing Regulations") - Further investment in Wbolv Owned Subsidiarv

This is to inform you that on 25 [th ] November 2025, "Exide Industries Limited" ('Company/EIL') has invested Rs. 75,00,00,000/- (Rupees Seventy-five crores only) by way of subscription in the equity share capital of its wholly owned subsidiary, "Exide Energy Solutions Limited" (hereinafter referred as 'EESL'), on rights basis. With this investment, the total investment made by the Company in EESL stands to Rs. 4,022.23 crore. There is no change in the shareholding percentage of the Company in EESL pursuant to such an acquisition.

The detailed disclosure required under Regulation 30 read with para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations") and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0l 55 dated 11th November 2024 is enclosed herewith.

You are requested to kindly take the fact on record.

Thanking you.

For Exide Industries Limited JITENDRA KUMAR Digitally signed by JITENDRA KUMAR MOHANLAL MOHANLAL Date: 2025.11.25 15:59:13 +05'30' Jitendra Kumar Company Secretary & President (Legal & Corporate Affairs) ACS No.11159

Encl: as above

Exide Industries Limited, Exide House, 59E Chowringhea Road, Kolkata-700 020 Phone : (033) 2302-3400, 2283-2171, 2283-2118 e-mail : exideindustrieslimited@exide.co.in,www.exideindustries.com CIN: L31402WB1947PLC014919

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Annexure-1

Detailed disclosures under para A of Part A of Schedule III required under Regulation 30 of SEBI Listing Regulations:

a.	Name of the target entity details in brief such	Exide Energy Solutions Limited (EESL), an existing
	as size, turnover etc.	wholly owned subsidiary of Exide Industries Limited
		(EIL) was incorporated on 24thMarch 2022 and is
		engaged in the business of manufacturing & selling
		lithium-ion battery cells, modules and packs fr
		India's electric vehicle market and stationary
		applications. Some of the relevant details of EESL are
		given below:
		Paid up equity share capital as on date: Rs.
		1,309.21 crore
		Net worth as on 31.03.2025: Rs. 2,738.06 crore
		Turnover as on 31.03.2025: Rs. 116.89 crore
		Loss afer Tax for the year ended 31.03.2025: Rs.
		209.12 crore
		As on date, the total investment by Exide Industries
		Limited in the equity share capital of EESL including
		share premium stands to Rs. 4022.23 crore including
		investment made in erstwhile merged subsidiary
		Exide Energy Private Limited ('EEPL').
b.	Whether the acquisition would fll within	Yes, since EESL is a wholly owned subsidiary of EIL.
	related party transaction(s) and whether the	EESL has allotted 1,87,50,000 nos. equity shares of
	promoter/ promoter group/ group companies	Rs. I 0/- each at a premium of Rs. 30/- per share
	have any interest in the entity being acquired?	aggregating to Rs. 75,00,00,000 /- (Rupees Seventy-
		fve crores only) on rights basis to EIL.
	If yes, nature of interest and details thereof and
	whether the same is done at "arm's length"	Save & except what 1s mentioned above, the
		Promoter/promoter group/group companies have no
		interest in the transaction.
		The said transaction is at an's length.
C.	Industry to which the entity being acquired belongs	Manufcturing battery cells of advanced chemistry and fon fctor, including but not limited to
		cylindrical, pouch, prismatic, (the "Battery Cells"), as
		well as manufcturing, assembling, selling battery
		modules, battery packs and other related activities
		thereto.

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 GIN: L31402WB1947PLC014919

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d. e. f. g. h. I. Objects and effects of acquisition (including butEESL is in the process of setting up a green field plant notlimitedto,disclosureofreasonsfr at Bengaluru fr manufcturing & selling lithium-ion acquisition of target entity, if its business is battery cells, modules and pack business. The equity outside the main line of business of the listedinvestment in EESL on a rights basis is to fund the entity) above green feld project and meet its various fnding requirements. With the current investment,EILshareholdingIn EESL remains unchanged at 100% Brief details of any governmental or regulatory None approvals required fr the acquisition Indicative timeperiod fr completion of the The equity shares against the current investment were acquisition allotted on 25thNovember 2025 Nature of consideration whether cashCash consideration or share swap and details of the same Cost of acquisition or the price at which the1,87,50,000 nos. equity shares of Rs. I 0/- each at a shares are acquired premium of Rs. 30/- each on rights basis to EIL Percentage of shareholding / controlacquired With the current investment, EILshareholding in and_I_or number of shares acquired EESL remains unchanged at I 00%	d. e. f. g. h. I. Objects and effects of acquisition (including butEESL is in the process of setting up a green field plant notlimitedto,disclosureofreasonsfr at Bengaluru fr manufcturing & selling lithium-ion acquisition of target entity, if its business is battery cells, modules and pack business. The equity outside the main line of business of the listedinvestment in EESL on a rights basis is to fund the entity) above green feld project and meet its various fnding requirements. With the current investment,EILshareholdingIn EESL remains unchanged at 100% Brief details of any governmental or regulatory None approvals required fr the acquisition Indicative timeperiod fr completion of the The equity shares against the current investment were acquisition allotted on 25thNovember 2025 Nature of consideration whether cashCash consideration or share swap and details of the same Cost of acquisition or the price at which the1,87,50,000 nos. equity shares of Rs. I 0/- each at a shares are acquired premium of Rs. 30/- each on rights basis to EIL Percentage of shareholding / controlacquired With the current investment, EILshareholding in and_I_or number of shares acquired EESL remains unchanged at I 00%	d. e. f. g. h. I. Objects and effects of acquisition (including butEESL is in the process of setting up a green field plant notlimitedto,disclosureofreasonsfr at Bengaluru fr manufcturing & selling lithium-ion acquisition of target entity, if its business is battery cells, modules and pack business. The equity outside the main line of business of the listedinvestment in EESL on a rights basis is to fund the entity) above green feld project and meet its various fnding requirements. With the current investment,EILshareholdingIn EESL remains unchanged at 100% Brief details of any governmental or regulatory None approvals required fr the acquisition Indicative timeperiod fr completion of the The equity shares against the current investment were acquisition allotted on 25thNovember 2025 Nature of consideration whether cashCash consideration or share swap and details of the same Cost of acquisition or the price at which the1,87,50,000 nos. equity shares of Rs. I 0/- each at a shares are acquired premium of Rs. 30/- each on rights basis to EIL Percentage of shareholding / controlacquired With the current investment, EILshareholding in and_I_or number of shares acquired EESL remains unchanged at I 00%
h.	Cost of acquisition or the price at which the shares are acquired Percentage of shareholding / controlacquired and_I_or number of shares acquired
I.		With the current investment, EILshareholding in EESL remains unchanged at I 00%
j.	Brief background about the entityacquired mterms of products/line of business acquired, date of incorporation, history of last 3 years' turnover, country in which the acquired entity haspresenceandanyothersigifcant infrmation (in brief)	EESL was incorporated on 24thMarch 2022 and the business objects of it are explained in point no. c above Turover for last 3 years are as under FY 2024-25 - Rs. 116.89 crore FY 2023-24 - Rs. 239.14 crore FY 2022-23 - Rs. 112.05 crore _Subsequent to merger of EEPL with £ESL_

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, w .exideindustries.com GIN: L31402WB1947PLC014919