Eveready Industries India

rdf:langString Eveready Industries India

rdf:langString Eveready Industries India Ltd.

rdf:langString Eveready Industries India Ltd.

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rdf:langString Powercell

rdf:langString Uniross

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rdf:langString Electrical equipments

rdf:langString EvereadyIndustriesIndiaLogo.png

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rdf:langString Batteries

rdf:langString flashlights

rdf:langString lanterns

rdf:langString luminaires

rdf:langString Eveready Industries India Ltd. (EIIL) is an Indian company that manufactures and markets Batteries, Flashlights, Lighting solutions (Lamps and Luminaires). The Eveready brand has been present in India since 1905. EIIL's principal activities are the manufacture and market of batteries, flashlight cases, electrolytic manganese dioxide and arc carbons. It also manufactures photo-engravers plates/strips for printing, castings, hard facing and tube rods, carbon electrodes and other related products. The Group's operating facilities are located at Kolkata, Bengaluru, Noida, Haridwar, Lucknow and Matia (Assam). During the fiscal year 2002, the group sold its wholly owned subsidiaries Dufflaghur Investments Limited and Natex Investment and Marketing Limited. Batteries accounted for 51% of fiscal 2002 revenues; tea 38%; flashlight cases 9%; electrolytic manganese dioxide 1%; purchased products 1% and others, nominal. EIIL is the world's third largest producer of carbon zinc batteries, selling more than a billion units a year. EIIL is India's largest selling brand of dry cell batteries and flashlights (torches), with dominant market shares of about 46% and 85% respectively. In February 2022, the Burman group made an open offer to acquire 1.89 crore shares (around 26%) of the company at Rs 320 per share for an amount of Rs 604.76 crore. Following this, Chairman Aditya Khaitan and Managing Director Amritanshu Khaitan accepted the offer and resigned from the company.