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Exide Industries Limited ( (IN:EXIDEIND) ) has shared an announcement.
Exide Industries has relaunched the second phase of its 100-day “Saksham Niveshak” campaign, running from 1 April to 9 July 2026, in line with directions from the Ministry of Corporate Affairs. The initiative aims to locate shareholders who have unclaimed dividends or outdated KYC and nomination details, using advertisements in Business Standard and Aajkaal as part of a broader push to regularize shareholder records.
By actively reaching out to such investors, Exide seeks to clean up its shareholder registry and ensure regulatory compliance while facilitating the release of unclaimed amounts. The drive underscores a growing emphasis in India on investor protection and transparency, and may improve engagement with minority shareholders as well as reduce future liabilities linked to unclaimed dividends.
More about Exide Industries Limited
Exide Industries Limited is a leading Indian storage battery manufacturer with operations spanning automotive and industrial segments. The company supplies batteries for vehicles, power backup, and other energy storage applications, and is widely held in the capital markets with its shares listed on major Indian stock exchanges.
Average Trading Volume: 163,993
Technical Sentiment Signal: Buy
Current Market Cap: 295.2B INR
For a thorough assessment of EXIDEIND stock, go to TipRanks’ Stock Analysis page.