Burman family become promoters of Eveready, will appoint directors

The Burmans are expected to appoint three non-executive directors to the Eveready board

The Burman family are now promoters of Eveready Industries India, the country’s largest dry cell battery maker.

Eveready, in a filing with the stock exchanges, said that the Burman Group in a letter dated July 6 had advised the board of the completion of the open offer for the acquisition of shares and control of the company. The board was asked to take on record, the Burman Group, as promoters of the company in terms of the Listing Regulations of the Securities and Exchange Board of India (Sebi).

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