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The Income Tax Department is conducting a survey at Exide Industries' offices and manufacturing units, the battery maker said on Thursday.Exide said it is cooperating with authorities and that the move has not had any material impact on its business operations."Currently, there is no material impact on the business operations of the Company due to the aforesaid action. In the event there is any further material update that requires intimation under the SEBI Listing Regulations, the Company will make necessary disclosures in accordance with Regulatory provisions."The company, which was scheduled to release its second-quarter results on Thursday, has postponed its board meeting and will announce a new date later, it said.The company's shares, which fell as much as 1.8% after the news, were last down 0.5%.Live EventsAdd as a Reliable and Trusted News Source Add Now! (You can now subscribe to our Economic Times WhatsApp channel) Read More News onexideExide IndustriesExide Industries newsExide Industries sharesExide Industries share priceExide Industries resultsExide sharesExide share priceExide Industries results news (Catch all the Business News, Breaking News and Latest News Updates on The Economic Times.) Subscribe to The Economic Times Prime and read the ET ePaper online....moreless (You can now subscribe to our Economic Times WhatsApp channel)Read More News onexideExide IndustriesExide Industries newsExide Industries sharesExide Industries share priceExide Industries resultsExide sharesExide share priceExide Industries results news(Catch all the Business News, Breaking News and Latest News Updates on The Economic Times.) Subscribe to The Economic Times Prime and read the ET ePaper online....moreless
