Exide Industries Ltd. — Capital/Financing Update 2025

Aug 20, 2025

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GIXIDI

Ref No: EIL/SEC/2025-26/31

20 [th ] August 2025

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

Dear Sir/Madam,

Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("LODR Regulations") - Further investment in Wbol.ly Owned Subsidiary

This is to inform you that on 20 [th ] August 2025, "Exide Industries Limited" ('Company/EIL ') has invested Rs. I 00,00,00,000/- (Rupees One hundred 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. 3,802.23 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 ("LODR Regulations") and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0 155 dated I Ith November 2024 is enclosed herewith.

You are requested to kindly take the fact on record.

Thanking you.

For Exide Industries Limited

JITENDRA Digitally signed by JITENDRA KUMAR KUMAR MOHANLAL MOHANLAL Date: 2025.08.20 16:03:01 +05'30' Jitendra Kumar Company Secretary & President (Legal & Corporate Affairs) ACS No.11159

Encl: as above

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

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&EXIDE

Annexure-1

Detailed disclosures under para A of Part A of Schedule III required under Regulation 30 of LO DR Regulations:

a.	Name of the target entity details in brief such	Exide Energy Solutions Limited (EESL), an existing
	as size, turover etc.	wholly owned subsidiary of Exide Industries Limited
		(EIL) was incorporated on 24thMarch 2022 and is
		engaged in the business of manufcturing & selling
		lithium-ion battery cells, modules and packs for
		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.
		I ,254.2 I crore
		Net worth as on 3 I .03.2025: Rs. 2,738.06 crore
		Turnover as on 3 I .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. 3,802.23 crore including
		investment made in erstwhile merged subsidiary
		Exide EnergyPrivate Limited('EEPL').
b.	Whether the acquisition would fll within	Yes, since EESL is a wholly owned subsidiary ofEIL.
	related party transaction(s) and whether the	EESL has allotted 2,50,00,000 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. I 00,00,00,000 /- (Rupees One
		hundred crores only) on rights basis to Ell.
	If yes, nature of interest and details thereof and
	whether the same is done at "ann's length"	Save & except what is mentioned above, the
		Promoter/promoter group/group companies have no
		interest in the transaction.
		The said transaction is at arm's length.
C.	Industry to which the entity being acquired	Manufacturing battery cells of advanced chemistry
	belongs	and frm fctor, including but not limited to
		cylindrical, pouch, prismatic, (the "Battery Cells"), as
		well as manufacturing, 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 CIN: L31402WB1947PLC014919

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&EXIDE

d.	Objects and effects of acquisition (including but EESL is in the process of setting up a green field plant	Objects and effects of acquisition (including but EESL is in the process of setting up a green field plant
e. f g. h.		None The equity shares against the current investment were allotted on 20thAugust 2025 Cash
	Indicative time period fr completion of the acquisition Nature of consideration whether cash consideration or share swap and details of the same Cost of acquisition or the price at which the shares are acquired
		2,50,00,000 nos. equity shares of Rs. 10/- each at a premium of Rs. 30/- each on rights basis to EIL
i. J.	Percentage of shareholding I controlacquiredWith the current investment, EILshareholdingin and / or number of shares acquired EESL remains unchanged at 100% Briefbackground about the entityacquiredEESL was incorporated on 24thMarch 2022 and the Interms of products/line of business acquired, business objects of it are explained in point no. c above date of incorporation, history of last 3 years' turover, country in which the acquired entityTurover for last 3 years are as under haspresenceandanyothersignifcant FY 2024-25 - Rs. 116.89 crore infrmation (in brief FY 2023-24 - Rs. 239.14 crore FY 2022-23 - Rs. 112.05 crore Subsequent to merger of EEP L 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, www.exideindustries.com CIN: L31402WB1947PLC014919