Exide Industries Reschedules Board Meet to Nov 14 After Income Tax Survey Wraps Up

Exide Industries Postpones Q2 Board Meeting Amid Income Tax Survey Closure

Exide Industries Ltd, a leading battery manufacturer, has rescheduled its board meeting to November 14, 2025, after the Income Tax Department concluded a multi-day survey at its offices and manufacturing facilities. The survey, which began on October 29, aimed to review financial records and compliance practices.

In a regulatory filing, Exide stated that it extended full cooperation to the authorities and assured stakeholders that there has been no material impact on its business operations. The board meeting, originally slated for October 30, will now review unaudited financial results for Q2 FY26.

Key highlights:

Board Meeting Update

Original date: October 30, 2025

Rescheduled to: November 14, 2025

Agenda: Approval of Q2 FY26 unaudited financial results

Income Tax Survey

Conducted by: Income Tax Department

Duration: October 29 to November 5, 2025

Scope: Offices and manufacturing units across India

Status: Concluded; company confirmed full cooperation

Operational Impact

• No material disruption to business operations
• Trading window for insiders remains closed until 48 hours post results declaration
   

Sources: Telegraph India, BusinessLine, CNBC TV18.