MANUFACTURING
Exide Banks On Lead-Acid Strength, Lithium-Ion Expansion For Next Phase
Exide Industries is pursuing a balanced growth strategy that combines the cash-generating strength of its lead-acid battery business with long-term investments in lithium-ion technology, as the energy storage industry undergoes a gradual technological transition. In his message to shareholders in the company’s Annual Report 2026, Exide Industries Chairman Sridhar Gorthi said lead-acid batteries will continue […]
CW Bureau
·
Jun 17, 2026
MANUFACTURING
Chemplast Sanmar Sets Up Panel To Explore Reorganisation, M&A Buyouts
Chemplast Sanmar Ltd, the specialty chemicals and PVC manufacturer, has constituted a three-member committee to review its business portfolio and evaluate strategic options, including potential reorganisation and mergers and acquisitions, aimed at enhancing long-term value for stakeholders. The committee has been tasked with examining the company’s strategic priorities and will present its recommendations to the […]
CW Bureau
·
Jun 2, 2026
HOSPITALITY
Embassy To Sell Sepset Jodhpur ‘Mega Mall’ To Pen India For ₹100 Cr
Embassy Developments Ltd and its wholly owned subsidiary Ceres Estate Ltd have entered into a share purchase agreement with Pen India Ltd for the sale of 100% equity in Sepset Real Estate Ltd for a total consideration of ₹100 crore. The consideration will be received in one or more tranches, and the transaction is expected […]
CW Bureau
·
Apr 12, 2026
