Exide Industries Limited's promoter, Chloride Eastern Limited, has submitted a disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing was made to the National Stock Exchange, BSE Limited, and The Calcutta Stock Exchange.
Signed on April 6, 2026, the disclosure confirms the promoter's shareholding in Exide Industries as of March 31, 2026. Chloride Eastern held 39,09,54,666 equity shares of Exide Industries, representing 45.99 per cent of the total paid-up share capital.
Chloride Eastern has declared that no direct or indirect encumbrance has been created on these shares. The promoter's entire stake of 45.99 per cent in Exide Industries is free of any pledge, lien, or other encumbrances as of the reporting date.
Regulation 31(4) of the SEBI Takeover Regulations mandates promoters to disclose their shareholding and encumbrance details as of the end of each financial year. The annual filing must be submitted to the stock exchanges where the target company's shares are listed. The disclosure fulfils this requirement for Exide Industries for the year ended March 31, 2026.
Chloride Eastern Limited is registered at 40 Gracechurch Street in London, England. The entity maintains its correspondence address at 106 Neythal Road in Singapore. Chloride Eastern serves as the promoter of Exide Industries and holds a 45.99 per cent stake.
The disclosure was submitted to the exchanges on June 23, 2026. The filing provides the annual update on the promoter's shareholding status and confirms that no shares are encumbered.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.