Exide Industries has informed that pursuant to the provisions of Section 391 and 394 of the Companies Act, 1956, Chloride Alloys India Limited (CAIL), a wholly owned subsidiary of ‘Exide Industries Limited’ is amalgamated with ‘Chloride Metals Limited’ (CML), another wholly owned subsidiary with effect from March 01, 2016.
The above information is a part of company’s filings submitted to BSE.