Khaitan holding dips in Eveready, McLeod Russel as IndusInd invokes shares

Dabur's Burman family emerges as largest shareholders in Eveready, with 19.84% stake

Promoter shareholding in Williamson Magor group companies - Eveready Industries India and McLeod Russel India - has dipped further, with IndusInd Bank invoking pledged shares.

The bank informed the exchanges on Saturday that on August 7, it had acquired 5,683,320 shares of Eveready and 7,832,253 shares of McLeod Russel India - translating to 7.82 per cent and 7.50 per cent, respectively - upon invocation of pledge.

Consequently, promoter holding in Eveready and McLeod has fallen to the extent of the invocation. In Eveready, promoter holding stands at about 7.25 per cent and in McLeod it is at around 18.32 per