After two decades, Khaitans may give up driver's seat in Eveready

A source says Amritanshu Khaitan is unlikely to seek reappointment as firm's MD. Khaitan declined to comment

Battery maker from the Brij Mohan Khaitan stable, Eveready Indus­tries India, is gearing up for a slew of changes as it recharges for the next phase of growth.

The Khaitan family with less than five per cent holding in the company may give up the driver’s seat after more than two decades with the term of Amritanshu Khaitan, managing director, coming to an end in May 2022.  

A source close to the development said Khaitan is unlikely to seek reappointment as managing director. Khaitan declined to comment.

But sources said the Burman family — promoters of Dabur India — were in favour of