Exide Industries has postponed its scheduled board meeting after the Income Tax Department initiated a survey operation across the company’s offices and manufacturing facilities. The survey began on October 29, 2025, and is currently underway, according to the company’s filing.
In a regulatory disclosure, Exide stated that it is fully cooperating with the authorities and clarified that there is currently no material impact on business operations. The company added that any further developments requiring regulatory disclosure will be communicated as needed.
The board meeting, which was originally slated for October 30, 2025, was expected to consider and approve the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2025. The meeting has now been postponed to a later date, which the company will announce in due course.
Meanwhile, Exide confirmed that the trading window for insiders will remain closed until 48 hours after the financial results are declared, in accordance with SEBI insider-trading regulations.
This development comes as investors await the company’s financial performance update for the September quarter, and the market is likely to watch for further clarity on the survey’s findings and its operational impact, if any.
