394.15 27.90(7.62%)
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Exide Industries Limited was incorporated on January 31, 1947 as 'Associated Battery Makers (Eastern) Limited'. The Company changed its name from Associated Battery Makers (Eastern) Limited to Chloride India Limited on August 2, 1972. Thereafter, the name of the Company was changed from Chloride India Limited to Chloride Industries Limited on October 12, 1988 and further to Exide Industries Limited on August 25, 1995. Headquartered in Kolkata, Company manufactures lead acid storage batteries and inverters. The products manufactured by the company include automotive batteries, industrial batteries and submarine batteries. Exide Industries has 11 factories strategically located all over India out of which 8 factories are dedicated to batteries manufacturing and the other 3 factories manufacture Home UPS Systems. The company has a R&D facility at Kolkata, West Bengal. Exide has subsidiaries in the UK, Singapore and Sri Lanka and its exports span 60 countries across six continents.In 1947, the company incorporated Chloride International Ltd. In the year 1969, the company set up their second factory at Chinchwad, Pune.In the year 1976, they established R&D centre at Kolkata. In the year 1981, the company set up third factory at Haldia, West Bengal. In the year 1994, th...