SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Exide Industries incorporates wholly owned subsidiary

25 Mar 2022 Evaluate

Exide Industries has incorporated wholly owned subsidiary (WOS), namely ‘Exide Energy Solutions’ to set up a green field multi-gigawatt Lithium-ion cell manufacturing facility in India with an initial authorized and paid up equity share capital of Rs 1 lakh. The Ministry of Corporate Affairs, Government of India has issued the Certificate of Incorporation on March 24, 2022.

The main object of the WOS is to carry on the business of manufacturing battery cells of advanced chemistry and form factor, 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 was incorporated in January 1947 as Associated Battery Makers to purchase all or any of the assets of the business of manufacturers, buyers and sellers of and dealers in and repairers of electrical and chemical appliances and goods carried on by the Chloride Electric Storage Company.

Exide Inds Share Price

330.05 -1.40 (-0.42%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Exide Inds 330.05
Amara Raja Energy 778.45
HBL Engineering 786.60
Eveready Inds. India 302.45
Indo-National 326.15
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×