Exide Industries Ltd. — Capital/Financing Update 2026

Mar 25, 2026

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Ref No: EIL/SEC/2025-26/73

25[th ] March 2026

The Secretary	The Secretary
The Calcutta Stock Exchange Limited	BSE Limited
7 Lyons Range	Phiroze Jeejeebhoy Towers, Dalal Street,
Kolkata - 700 00 I	Mumbai - 400 001
CSE Scrip Code: 15060 &10015060	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 or SEBI (Li ting Obligation and Disclosure Requirements) Regulations, 2015 ("SEBI Li ting Regulation ") - Further in e tment in Wholly Owned ubsidiarv

This is to inform you that on 25[th ] March 2026, "Exide Industries Limited" ('Company/EIL') has invested Rs. 450,00,00,000/- (Rupees Four Hundred Fifty 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. 4,802.23 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 ("SEBI Listing Regulations") and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0 155 dated 11th November 2024 is enclosed herewith.

You are requested to kindly take the fact on record.

Thanking you.

For Exide Industries Limited

Digitally signed by JITENDRA JITENDRA KUMAR KUMAR MOHANLAL MOHANLAL Date: 2026.03.25 15:44:07 +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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Annexure-1

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

a. b. C.

Name of the target entity details in brief such as size. turnover etc. Whether the acquisition would fall within related party transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at ··arm's length" Exide Energy Solutions Limited (EESL), an existing 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 fr India's electric vehicle market and stationary applications. Some of the relevant details ofEESL are given below: Paid up equity share capital as on date: Rs. 1504.21 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 fr 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. 4,802.23 crore including investment made in erstwhile merged subsidiary Exide Energy Private Limited ('EEPL'). Yes, since EESL is a wholly owned subsidiary of EIL. EESL has allotted 11,25,00,000 nos. equity shares of Rs. 10/- each at a premium of Rs. 30/- per share aggregating to Rs. 450,00,00,000/- (Rupees Four Hundred Fify crores only) on rights basis to EIL. Save & except what 1s mentioned above, the Promoter/promoter group/group companies have no interest in the transaction. The said transaction is at arm's length. Industry to which the entity being acquired Manufcturing battery cells of advanced chemistry belongs and frm 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.		Objects and effects of acquisition (including butEESl is in the process of setting up a green feld plant notlimitedto,disclosureofreasonsfrat 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 fnd the entity) above green field project and meet its various funding req ui rem en ts. With the current investment,EllshareholdingIn EESL remains unchanged at I 00% Brief details of any governmental or regulatory None approvals required fr the acquisition Indicative timeperiod for completionof theThe equity shares against the current investment were acquisition allotted on 25thMarch 2026 Nature of consideration whether cashCash consideration or share swap and details of the same Cost of acquisition or the price at which the I 1,25,00,000 nos. equity shares of Rs. I 0/- each at a shares are acquired premium of Rs. 30/- each on rights basis to Ell Percentage of shareholding / control acquiredWith the current investment, EllshareholdingIn and / or number of shares acquired EESl remains unchanged at l 00%
e.
f. g. h.
I.
j.		Brief backgound 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' turnover, country in which the acquired entity Turnover fr last 3 years are as under haspresenceandanyothersignifcantFY 2024-25 - Rs. I 16.89 crore information (in brief FY 2023-24 - Rs. 239.14 crore FY 2022-23 - Rs. 112.05 crore _Subsequent to merger of EEPL with EESL_

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