Eveready Industries share price jumps 10% on reports of Dabur promoters picking stake

Array ( [0] => Array ( [title] => Exclusive keynote by MSME Minister Nitin Gadkari at Small Business Virtual Summit with CISCO on 17th July - Register Now [lp_url] => https://www.moneycontrol.com/cisco-smb-virtual-summit/?utm_source=moneycontrol&utm_medium=headband&utm_campaign=cisco_smb [ga_event_tracker] => Array ( [category] => Register-webinar [action] => From-Home [label] => Register-webinar ) [start_date] => 2020-07-08 00:00:00 [start_date_epoch] => 1594146600 [end_date] => 2020-07-10 16:00:00 [end_date_epoch] => 1594377000 [rank] => 1 ) [1] => Array ( [title] => LIVE Webinar: RSI - 5 Star Trading Strategy Webinar by Vishal B. Malkan . Watch Now! [lp_url] => https://www.moneycontrol.com/ms/malkansviews/?utm_source=Moneycontrol&utm_medium=Headdband [ga_event_tracker] => Array ( [category] => Watchnow-webinar [action] => From-Home [label] => Watchnow-webinar ) [start_date] => 2020-07-10 16:00:00 [start_date_epoch] => 1594377000 [end_date] => 2020-07-10 17:00:00 [end_date_epoch] => 1594380600 [rank] => 2 ) [2] => Array ( [title] => Tune in on 17th July for the Small Business Virtual Summit with Cisco. Register now! [lp_url] => https://www.moneycontrol.com/cisco-smb-virtual-summit/?utm_source=moneycontrol&utm_medium=headband&utm_campaign=cisco_smb [ga_event_tracker] => Array ( [category] => Register-webinar [action] => From-Home [label] => Register-webinar ) [start_date] => 2020-07-10 17:00:00 [start_date_epoch] => 1594380600 [end_date] => 2020-07-17 11:00:00 [end_date_epoch] => 1594963800 [rank] => 3 ) [3] => Array ( [title] => Special Offer: Subscribe to Moneycontrol PRO at ₹1 per day for the first year. Use Coupon: PRO365. [lp_url] => https://www.moneycontrol.com/promos/pro.php [ga_event_tracker] => Array ( [category] => PRO365 [action] => From-Home [label] => Ribbon ) [start_date] => 2020-07-17 11:00:00 [start_date_epoch] => 1594963800 [end_date] => 2020-07-31 23:00:00 [end_date_epoch] => 1596216600 [rank] => 4 ) )

Array ( [count] => 1 [data] => Array ( [0] => Array ( [title] => Tune in on 17th July for the Small Business Virtual Summit with Cisco. Register now! [link] => https://www.moneycontrol.com/cisco-smb-virtual-summit/?utm_source=moneycontrol&utm_medium=headband&utm_campaign=cisco_smb [ga_event_tracker] => Array ( [category] => Top Band [action] => Virtual Summit [label] => From-Home ) ) ) )

BSE has sought clarification from Eveready Industries on the Burmans picking up an 8.8 percent stake in the company.

Moneycontrol News @moneycontrolcom

live

bselive
nselive

Volume

Todays L/H

Shares of Eveready Industries India surged 10 percent in intraday trade on BSE on July 14 after the promoters of Dabur reportedly bought an 8.8 percent stake in the company through a bulk deal.

The Burman family confirmed the purchase to CNBC-TV18. The spokesperson said the investment in Eveready was purely in the family’s personal capacity and its stake in Eveready had risen to 20 percent now.

As per CNBC-TV18, the Burman family is the largest strategic investor in Eveready.

Moneycontrol couldn't independently verify the development.

The BSE has sought a clarification from Eveready Industries India regarding the Burman's picking up an 8.8 percent stake in it.

The reply is still awaited.

At around 1310 hours, shares of Eveready Industries were trading 9.96 percent higher at Rs 88.90 on BSE.

First Published on Jul 14, 2020 01:33 pm

Eveready Industries share price jumps 10% on reports of Dabur promoters picking stake

BSE has sought clarification from Eveready Industries on the Burmans picking up an 8.8 percent stake in the company.

tags #Buzzing Stocks #Eveready Industries India