Page 2 - Eveready Industries

Burmans to pay out shareholders, induct directors on Eveready board by July

On Thursday, the open offer in Eveready by Burman entities closed with the Burmans acquiring 14.3% shares. The total holding of the in the company now stands at 38.3%

Burmans acquire 14.3% stake in Eveready Industries through open offer

With this, Burmans' holding in the company stands at 38.3%

Eveready Industries shareholders approve appointment of Suvamoy Saha as MD

The resolution was approved with 99.16 per cent in favour, Eveready Industries India said in a regulatory filing

Burman family may become the sole promoter of Eveready Industries

The Burmans - who have been buying into Eveready since 2019 and became the largest shareholder in July 2020 - have made it clear that their offer is for control

How Eveready, on the cusp of change, is trying to regain its mojo

Over the past decade, a change in consumer choice swept through the battery industry - the walkman lost its mojo, smartphones overtook cameras and batteries were tucked away in remotes and wall clocks

RIL, Bajaj Finance power 777-pt rally in Sensex; Nifty holds 17,200

CLOSING BELL: Sectorally, all the indices ended in the green zone, led by the Nifty Realty and Auto indices, up 3.5 per cent and 3 per cent, respectively

Eveready posts loss in March quarter, initiates steps for 'quick' recovery

Firm is also undergoing a change of control, with the Burman Group intent on taking charge

Eveready Industries posts Rs 38.41 crore net loss in March quarter

The company had posted a net loss of Rs 442.53 crore in the January-March period a year ago, it said in a regulatory filing

Top Court directs Arbitral Tribunal to dispose of Eveready challenge

Asks Eveready not to 'dissipate or dispose' of its assets, except in the usual course of business

Eveready names Suvamoy Saha as MD for three years, Burmans hail decision

Move follows Amritanshu Khaitan's resignation; Saha has been around for long. Prior to being made Jt MD in August, he was a whole-time director of the firm

Stocks to Watch: Voda Idea, Wockhardt, KEC Intl, Tata Motors, Pharma, PSBs

Pharma shares are likely to be in limelight as NPPA may allow up to 10 per cent hike on scheduled drugs in the month of April.

Top headlines: Amazon, Future may bury hatchet; Eveready Chairman, MD quit

Business Standard brings you the top headlines on Thursday

Eveready Batteries' Chairman, MD resign post open offer from Burman group

Eveready Industries India Ltd said its Non-Executive Chairman Aditya Khaitan and Managing Director Amritanshu Khaitan have resigned following an open offer from the Burman group.

Eveready falls 7% after Burman Family makes an open offer to buy 26% shares

The open offer has been priced at Rs 320 per share aggregating to a total consideration of up to Rs 605 crore.

Burmans to appoint 'key management people' in Eveready post open offer

We plan to clean the company and run it in a professional manner: Mohit Burman

Eveready Ind hits over 3-month high; rallies 32% in 2 weeks post Q3 results

The company said the battery category will revert to its earlier level of profitability now that all adverse costs have been passed on

HC's Division Bench upholds order restraining sale of assets by Williamson

Eveready said in its exchange filing that the company is in the process of taking appropriate action as required, based on advice from its legal counsel

Eveready ropes in Bain & Company for rejigging business strategy

Consultancy to study firm's strengths and weaknesses and thereafter identify the low-hanging fruits in terms of profitability

Eveready Industries net profit down 51% to Rs 24 crore in Dec quarter

Battery and flashlights maker Eveready Industries India Ltd reported 51.41 per cent decline in consolidated net profit at Rs 23.71 crore for the third quarter ended December 31, 2021.

Eveready Industries Q1 consolidated net profit up 21% to Rs 30.13 cr

Batteries and flashlights maker Eveready Industries India Ltd on Tuesday reported a 21 per cent increase in consolidated net profit at Rs 30.13 crore in the first quarter ended June 30.