Eveready Industries India Ltd will conduct its 91st Annual General Meeting (AGM) on Tuesday, August 11, 2026, at 11:30 A.M. Indian Standard Time (IST) through video conferencing or other audio-visual means. The meeting will be held in compliance with the Companies Act, 2013 and relevant circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India (SEBI). The Board of Directors has recommended a dividend of ₹2.50 per equity share of ₹5 each for the financial year ended March 31, 2026, which will be declared at the AGM.

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company disclosed the newspaper advertisements published on July 6, 2026, in the Financial Express and Aajkaal regarding the AGM. The Notice of the 91st AGM and the Annual Report for the financial year 2025-26 will be sent via electronic mode to members who have registered their email addresses. Others will receive a letter providing a web-link to the reports.

Voting and Participation Details

Members can exercise their right to vote on resolutions through the remote e-voting system prior to the AGM and via e-voting during the meeting. The company has engaged National Securities Depositories Limited (NSDL) to facilitate these electronic voting services. Shareholders holding shares in physical form or those who have not registered their email addresses must update their details to participate.

Shareholder Requirements

The company has outlined specific procedures for shareholders to update their information based on their shareholding mode.

Members may also send an email request to evoting@nsdl.co.in to obtain their User ID and password for e-voting. The company emphasized that dividends for members holding shares in physical form will be paid only through electronic mode, provided their folios are KYC compliant. Consequently, shareholders must update their PAN, contact details, bank account details, and specimen signatures with the company or the RTA.

Eveready Industries and fellow battery manufacturer Indo National are among the producers raising concerns over new recycling regulations that industry participants warn could threaten the viability of the dry cell battery market. The alert, reported by the Economic Times, signals growing unease within the battery manufacturing sector over the regulatory landscape governing end-of-life product management.

Industry Concerns Over Recycling Mandates

Battery producers have cautioned that the newly introduced recycling regulations could impose significant compliance burdens on manufacturers operating in the dry cell segment. The dry cell battery market, which serves a wide range of consumer and industrial applications, is considered particularly vulnerable to the cost and logistical implications of stringent recycling requirements.

Manufacturers have indicated that the regulatory framework, as currently structured, may not adequately account for the operational realities of the dry cell battery value chain. The concerns raised point to potential disruptions in production economics and market sustainability if the regulations are implemented without further industry consultation or revision.

Key Stakeholders and Market Impact

The following companies have been identified as key stakeholders in this regulatory development:

Both companies are established players in the Indian battery manufacturing industry, and their concerns reflect broader apprehensions shared across the sector. The outcome of this regulatory debate is expected to have material implications for the dry cell battery market's structure and competitiveness.

Regulatory Context

The new recycling regulations appear to be part of broader efforts to strengthen extended producer responsibility frameworks in India. However, battery producers argue that the specific provisions applicable to dry cell batteries require careful reassessment to avoid unintended consequences for market participants and consumers alike.

Industry stakeholders have called for a collaborative approach between regulators and manufacturers to ensure that recycling objectives are met without compromising the commercial viability of the dry cell battery segment. The situation continues to evolve as producers engage with regulatory authorities on the matter.