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Amara Raja Batteries gets nod to incorporate wholly-owned subsidiary

23 May 2022 Evaluate

Amara Raja Batteries has received an approval for the incorporation of a Wholly-Owned Subsidiary namely ‘Amara Raja Circular Solutions’. The proposed wholly-owned subsidiary company to be incorporated in India for the business of batteries recycling and other aligned activities in processing all kinds of Non-Ferrous Metals, all types of plastics (including polyethene terephthalate, polypropylene etc.,), and industrial scrap generated in batteries manufacturing plants. The Board of Directors of the company at their meeting held on May 20, 2022, has approved the same.

Amara Raja Batteries is the flagship company of the group and is engaged in manufacturing of industrial and automotive batteries. The company was first to introduce Valve Regulated Lead Acid (VRLA) batteries with three year warranty in industrial and automotive applications.

Amara Raja Energy Share Price

765.00 -13.45 (-1.73%)
20-Apr-2026 15:19 View Price Chart
Peers
Company Name CMP
Exide Inds 329.10
Amara Raja Energy 765.00
HBL Engineering 775.00
Eveready Inds. India 302.85
Indo-National 326.55
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