 "Dabur India Vice-Chairman Mohit Burman")
The Burmans of Dabur have increased their holding by another 3.34 per cent in Eveready Industries in the past two days. After the transaction, the Burman family’s holding in India’s largest battery maker stands at 9.26 per cent.
The investment in Eveready has been furthered via Guardian Advisors. This portfolio management firm, owned by Arjun Lamba and others, manages investment for the Burmans and other families. Sources said this investment in Eveready was on behalf of the Burman family.
In a regulatory filing with the BSE, Guardian Advisors, while disclosing the deal, said the acquisition of the stake was via open market
