Eveready Inaugurates India's Only Operating Alkaline Battery Facility in Jammu with ₹200 Crore Investment

3 min read     Updated on 23 Apr 2026, 03:35 AM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Eveready Industries India Limited inaugurated India's only operating alkaline battery facility in Jammu with an investment of approximately ₹200 crore. The facility features 456 million annual installed capacity and 360 million peak production capacity, supporting 'Make in India' initiatives while generating over 500 employment opportunities. The plant includes sustainable features like 1 MW rooftop solar installation and zero-discharge operations, positioning Eveready to strengthen its market presence in the premium alkaline battery segment.

powered bylight_fuzz_icon
38441103

*this image is generated using AI for illustrative purposes only.

Eveready Industries India Limited, the country's leading battery brand with over 52% market share in the dry cell battery segment, has inaugurated India's only operating alkaline battery facility in Jammu. The state-of-the-art greenfield facility was unveiled by Hon'ble Lieutenant Governor Shri Manoj Sinha of the Union Territory of Jammu and Kashmir in the presence of Mr. Mohit Burman, Promoter and Non-Executive Director.

Major Investment and Production Capacity

The new manufacturing plant represents a significant milestone for India's battery manufacturing sector with substantial investment and production capabilities:

Parameter: Details
Total Investment: Approximately ₹200 crore
Annual Installed Capacity: 456 million alkaline batteries
Annual Peak Production Capacity: Approximately 360 million alkaline batteries
Employment Generation: Over 500 direct and indirect jobs at full scale
Location: Samba, Jammu

The facility marks a significant scale-up in the industry's production capabilities and will give an impetus to India's domestic manufacturing while catering to the country's growing demand for high-performance power solutions.

Strategic Benefits and Market Impact

The Jammu facility is strategically positioned to deliver multiple benefits for Eveready and the Indian battery market. The plant will help reduce India's import dependence, enhance supply chain resilience, and improve margin efficiencies. Additionally, the facility will enable Eveready to expand business through white labelling and serve both domestic and international markets, reinforcing the company's ambition to emerge as a global player in the alkaline battery segment.

With its alkaline portfolio steadily approaching 20% market share, the company aims to further strengthen its presence in the premium battery segment through continued innovation, expanded distribution, and localized manufacturing capabilities.

Leadership Statements

Hon'ble Lieutenant Governor Shri Manoj Sinha emphasized the facility's contribution to regional development, stating: "Today I inaugurated Eveready Industries India Limited's new industrial unit in Samba. With an investment of ₹200 Crore, this plant will create local jobs, boost ancillary units, generate opportunities for women, youth & make a significant contribution to economic growth of J&K."

Mr. Anirban Banerjee, CEO of Eveready Industries India Limited, highlighted the facility's significance: "The commissioning of India's only operating alkaline battery facility marks a significant milestone not just for Eveready, but for the country's evolving energy landscape. As consumer demand shifts towards high-performance, power intensive devices, the need for advanced battery technologies has never been greater."

Sustainability and Environmental Features

The facility demonstrates Eveready's commitment to environmental stewardship and sustainable manufacturing practices:

Environmental Feature: Specification
Rooftop Solar Installation: 1 MW capacity
Annual Solar Generation: Approximately 1.20 million units
Rainwater Harvesting System: 275 KLD capacity
Operational Design: Zero-discharge basis

The unit is equipped with energy-efficient systems and follows responsible resource utilization practices, aligning with the highest standards of safety and environmental stewardship.

Company Profile and Market Position

Eveready Industries India Limited has a legacy of over 100 years and maintains its position as a household name in batteries and flashlights. The company operates six manufacturing facilities across India, located in Matia, Lucknow, Haridwar, Maddur, Kolkata, and now Jammu. These facilities are equipped with globally benchmarked technology platforms and follow best-in-class operating standards with focus on quality, environmental best practices, and rapid technology adoption.

The company has touched over 250 million households over decades, building deep-rooted consumer trust and category leadership. In 2023, Eveready embarked on a transformative journey with the unveiling of its new infinity logo and the tagline "Give Me Power, Give Me Red," alongside the launch of its Ultima Alkaline battery range designed for evolving consumer needs.

Historical Stock Returns for Eveready Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-1.94%+7.61%+13.98%-15.50%-3.48%+9.28%

How will Eveready's entry into white labelling impact competition with existing battery manufacturers in India?

What specific international markets is Eveready targeting for alkaline battery exports from the Jammu facility?

Could this manufacturing success prompt other battery companies to establish similar facilities in Jammu & Kashmir?

Eveready Industries India Limited Schedules Board Meeting for Q4FY26 Financial Results on April 30, 2026

1 min read     Updated on 22 Apr 2026, 03:41 PM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Eveready Industries India Limited has announced a Board of Directors meeting scheduled for April 30, 2026, to approve annual audited financial results for the quarter and financial year ended March 31, 2026. The board will also consider dividend recommendations for FY26. The company has maintained trading window restrictions for designated persons in compliance with insider trading regulations, which will continue until 48 hours after results declaration.

powered bylight_fuzz_icon
38398278

*this image is generated using AI for illustrative purposes only.

Eveready industries India Limited has scheduled a Board of Directors meeting for April 30, 2026, to deliberate on key financial matters for the concluded financial year. The company formally communicated this development to stock exchanges on April 22, 2026, outlining the meeting's primary agenda items.

Board Meeting Agenda

The upcoming board meeting will address two critical corporate governance matters:

Agenda Item: Details
Financial Results Approval: Annual audited financial results (standalone and consolidated) for Q4 and FY ended March 31, 2026
Dividend Consideration: Recommendation of dividend, if any, for FY ended March 31, 2026
Regulatory Compliance: Pursuant to Regulation 33 of SEBI (LODR) Regulations, 2015

Trading Window Restrictions

In accordance with the company's insider trading code under SEBI (Prohibition of Insider Trading) Regulations, 2015, Eveready Industries has implemented trading restrictions. The trading window for dealing in the company's securities will continue to remain closed for designated persons and their immediate relatives. This restriction will be lifted only after 48 hours following the declaration of the financial results.

Corporate Communication

The formal intimation was signed by Company Secretary Shampa Ghosh Ray and distributed to major stock exchanges including the National Stock Exchange of India Limited, BSE Limited, and The Calcutta Stock Exchange Limited. The company maintains its registered office at 2, Rainey Park, Kolkata, and operates under CIN: L31402WB1934PLC007993.

This scheduled board meeting represents a routine corporate governance practice as the company prepares to disclose its annual financial performance and potential shareholder returns for the financial year 2026.

Historical Stock Returns for Eveready Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-1.94%+7.61%+13.98%-15.50%-3.48%+9.28%

How might Eveready's FY2026 financial performance impact its competitive position in India's battery and lighting market?

What factors could influence the board's dividend recommendation given the current economic environment and company's capital allocation strategy?

Will Eveready announce any strategic initiatives or expansion plans during the results announcement to drive future growth?

More News on Eveready Industries

1 Year Returns:-3.48%