In bid to take over Eveready Ind, Dabur promoters make open offer

In a bid to take over control of dry cell battery major Eveready Industries, the Burman family, the promoters of Dabur, informed that it made an open offer for an additional 26 per cent of the company

Dabur
Dabur India
Press Trust of India Kolkata
1 min read Last Updated : Feb 28 2022 | 5:44 PM IST

In a bid to take over control of dry cell battery major Eveready Industries, the Burman family, the promoters of Dabur, on Monday informed bourses that it made an open offer for an additional 26 per cent of the company which is now controlled by city-based B M Khaitan group.

The mandatory open offer under the takeover regulations was made as the Burmans acquired an additional 5.26 per cent share of Eveready taking its total shareholding to 25.11 per cent.

The Khaitans currently own 4.84 per cent.

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Topics :EvereadyDabur

First Published: Feb 28 2022 | 5:44 PM IST

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