FMCG major Dabur's promoters, the Burman family, may soon become a strategic partner of the BM Khaitan group controlled Eveready Industries India Ltd (EIIL), as part of an ongoing restructuring, sources said on Tuesday.
The Burmans had already picked up 19.8-per cent stake in the dry cell battery major through market operations in the last 12-15 months. The last tranche of share purchase of 8.8 per cent took place recently through a block deal, they said.
The Burmans had already picked up 19.8-per cent stake in the dry cell battery major through market operations in the last 12-15 months. The last tranche of share purchase of 8.8 per cent took place recently through a block deal, they said.
The BM Khaitan family have been controlling the company for 25 years. It currently holds a little over 22 per cent stake in