Dabur India Promoters Hike Stakes In Eveready, Pick Up Another 8.48%
The New Indian Express Chennai|July 15, 2020
The Burman family, promoters of Dabur India, have picked up a significant 8.48 per cent stake in the country’s largest dry cell battery—Eveready Industries. The transaction has been initiated through Guardian Advisors, an exchange filing showed.
Sesa Sen
Dabur India Promoters Hike Stakes In Eveready, Pick Up Another 8.48%

Guardian Advisors, a portfolio management firm owned by Arjun Lamba and others, manages investments for the Burman family, among others. The investments in Eveready were made by Dabur India’s promoter family in their personal capacities to acquire an additional 50 lakh shares, but has nothing to do with the listed Dabur entity.

“It is a personal investment by the Burman family and is unrelated to Dabur,” said Mohit Burman, vice-chairman, Dabur India.

This story is from the July 15, 2020 edition of The New Indian Express Chennai.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

This story is from the July 15, 2020 edition of The New Indian Express Chennai.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

MORE STORIES FROM THE NEW INDIAN EXPRESS CHENNAIView All
'Social media plays a huge role in the life of an actor
The New Indian Express

'Social media plays a huge role in the life of an actor

...says actor Revathi Pillai who along with actor Anushka Sen and director Debbie Rao discuss their latest young-adult drama, Dil Dosti Dilemma.

time-read
3 mins  |
May 01, 2024
CRIME IN A CONTINUUM
The New Indian Express

CRIME IN A CONTINUUM

NAMRATA JOSHI HERE couldn't have been a better title for a film about the investigation into a bonechilling cold case set in Iceland.

time-read
2 mins  |
May 01, 2024
GREEN SOLUTION IN THE OCEAN
The New Indian Express

GREEN SOLUTION IN THE OCEAN

INDIAN EXPRESS XPLORE 16 CHENNAI WEDNESDAY 01.05.2024 SCU RESEARCHERS AT IIT MADRAS IDENTIFY INDIAN OCEAN AND BAY OF BENGAL AS POTENTIAL CO2 SINKS THAT CAN DECARBONISE INDUSTRIAL CLUSTERS, HIGHLIGHTING IMPORTANCE OF CARBON SEQUESTRATION Dispersed CO.

time-read
7 mins  |
May 01, 2024
With changed perspective & psychologist by her side, Anshu eyes Oly medal
The New Indian Express

With changed perspective & psychologist by her side, Anshu eyes Oly medal

THE last year turned out to be the worst phase in the life of Indian woman wrestler Anshu Malik.

time-read
2 mins  |
May 01, 2024
The New Indian Express

FORMAT YOUNGEST, FAITH IN OLD

After moving away from Rohit & Kohli in 2023, BCCI selectors chose experience over youth for the 2024 T20 World Cup SWAROOP SWAMINATHAN @ Chennai AFTER the disappointing yet predictable ending to India's last T20 World Cup campaign in Australia, the Board of Control for Cricket in India (BCCI) realised something had to change.

time-read
3 mins  |
May 01, 2024
Indian GP: Shaili clears 6.52m for gold
The New Indian Express

Indian GP: Shaili clears 6.52m for gold

THE first Indian athletics had a sedate start to the season.

time-read
1 min  |
May 01, 2024
Chennai look to continue momentum at home
The New Indian Express

Chennai look to continue momentum at home

AFTER their creditable win against Sunrisers Hyderabad, Chennai Super Kings will look to carry forward the momentum when they take on Punjab Kings on Wednesday.

time-read
2 mins  |
May 01, 2024
The New Indian Express

Godrej family reaches agreement to split the group into two branches

THE Godrej family on Tuesday announced an ownership realignment of their shareholdings in Godrej group companies.

time-read
1 min  |
May 01, 2024
The New Indian Express

Credit card outstanding up 25.6% to 2.57L cr by Mar

CREDIT card outstanding jumped by a hefty 25.6% onyear to 2.57 lakh crore by the end of March 2024 from 2.04 lakh crore in March 2023, according to the latest credit data from the RBI released on Tuesday.

time-read
1 min  |
May 01, 2024
Country saved $13 billion by importing discounted Russian crude in past 2 years
The New Indian Express

Country saved $13 billion by importing discounted Russian crude in past 2 years

INDIA has saved nearly $13 billion by importing discounted crude oil from Russia in the past two years, according to a study by ICRA.

time-read
1 min  |
May 01, 2024