 "Eveready, battery")
Shares of Eveready Industries slumped 7 per cent to Rs 350 on the BSE in Wednesday’s intra-day trade after the Burman family – promoters of Dabur India – announced an open offer for acquiring 26 per cent stake in battery maker. The stock has fallen 8 per cent from its intra-day high of Rs 380.50 on the BSE.
The open offer has been priced at Rs 320 per share aggregating to a total consideration of up to Rs 605 crore. The stock ended at Rs 376.35 on the BSE on Monday.
In a letter to the board of
The open offer has been priced at Rs 320 per share aggregating to a total consideration of up to Rs 605 crore. The stock ended at Rs 376.35 on the BSE on Monday.
In a letter to the board of
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