Financial Daily
from THE HINDU group of publications
Thursday, November 23, 2000
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Financial Daily from THE HINDU group of publications Thursday, November 23, 2000 |
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Exide Ind plans acquisitions
CALCUTTA: Exide Industries Ltd proposes to acquire shareholding in two overseas lead acid storage battery companies. The two companies are ``currently operating out of Singapore and Sri Lanka'', Exide informed stock exchanges on Wednesday.
The Exide board will meet here on November 24 to discuss the acquisitions. Meanwhile, the Exide scrip moved up on the Lyons Range in a generally falling market on Wednesday. The scrip closed at Rs 98, up from Tuesday's closing of Rs 97.20. -- Our Bureau
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