Burman family becomes official promoter of Eveready Industries

Dabur India promoter Burman family has now become official promoter of Eveready Industries. The investment firms of the Burman family entities had acquired a 14.55% share of Eveready Industries from the open market and now collectively own a majority stake.

Prior to this, the family had acquired a 23.83% stake in Eveready Industries. Besides Dabur, the Burman family owns other businesses which include Aviva Life Insurance Co, Lite Bite Foods, HealthCare atHOME (HCAH).