Another life for Eveready with an open offer, but what's in it for Burmans?

The Burman group on acquiring control intends to be a "promoter" of Eveready

The suspense around “will they, won’t they” has ended. On February 28, the Burman family — promoters of Dabur India — informed the board of the country’s largest dry cell battery maker, Eveready Industries India, that it proposes to acquire control of the company and had launched an open offer for 26 per cent of the shareholding. The event had two immediate outcomes: It put to rest months of speculation about a possible takeover by the Burmans and marked the end of the road for the storied Brij Mohan Khaitan family in the company.

Burman group entities had been buying into