Exide Industries , a leading battery manufacturer, has announced a change in its corporate calendar following a recent Income Tax department survey. The company has rescheduled its Board of Directors meeting, originally planned for October 30, 2025, to November 14, 2025.

Income Tax Survey

The company informed stock exchanges that the Income Tax department conducted a survey action under section 133A of the Income Tax Act, 1961. This survey took place at Exide Industries' offices and manufacturing units across India. The company stated that it extended full cooperation throughout the process, which concluded on November 5, 2025.

Rescheduled Board Meeting

As a result of this development, Exide Industries has made the following changes to its corporate schedule:

The rescheduled Board Meeting will consider and approve the unaudited financial results for the quarter and half year ended September 30, 2025.

Trading Window

In compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's Code of Conduct for Prevention of Insider Trading, Exide Industries has announced that the trading window for its securities will remain closed until November 18, 2025. The window will reopen on November 19, 2025, allowing for the sale, purchase, or any kind of dealing in the company's securities.

Exide Industries has assured stakeholders that there is currently no further material update that requires disclosure under SEBI (Listing Obligations & Disclosure Requirement) Regulations, 2015. The company has made this information available on its official website and has requested stock exchanges to take the same on record.

Exide Industries , a leading battery manufacturer, has announced the postponement of its scheduled board meeting following an ongoing income tax survey at its offices and manufacturing units across India. The company, known for its automotive and industrial batteries, is currently cooperating with the tax authorities as they conduct their inspection.

Key Developments

• Income Tax Survey: The Income Tax department initiated a survey at Exide Industries' offices and manufacturing units.
• Board Meeting Postponed: The board meeting originally scheduled has been delayed.
• Purpose of Meeting: The postponed meeting was intended to consider and approve the unaudited Standalone and Consolidated financial results for Q2.

Impact on Operations

Exide Industries has assured stakeholders that the ongoing tax survey has not significantly affected its business operations. In an official statement, the company mentioned:

"Currently, there is no material impact on the business operations of the Company due to the aforesaid action."

Regulatory Compliance

The company has committed to full cooperation with the tax authorities during this process. In line with regulatory requirements, Exide Industries has taken the following steps:

1. Informed the stock exchanges about the postponement of the board meeting.
2. Promised to disclose any material updates that may arise from the tax survey, in accordance with SEBI Listing Regulations.
3. Extended the closure of the trading window for insiders until 48 hours after the declaration of the Q2 financial results.

What's Next

Exide Industries has stated that it will announce a revised date for the board meeting in due course. Investors and stakeholders are advised to await further communications from the company regarding:

• The conclusion of the income tax survey
• The rescheduled date for the board meeting
• The release of Q2 financial results

As the situation unfolds, market participants will be keenly watching for any potential implications on Exide Industries' financial position and operational performance.

Note: Investors are encouraged to follow official company announcements for the most up-to-date details.