Eveready Industries India starts commercial production at Jammu facility

0 min read     Updated on 30 May 2026, 10:00 AM
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Eveready Industries India has started commercial production at its alkaline battery manufacturing facility in Jammu from May 29, 2026, under Regulation 30 of SEBI regulations.

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Eveready Industries India Ltd has successfully commenced commercial production at its alkaline battery manufacturing facility located in Jammu, effective May 29, 2026. This operational milestone marks the activation of the company's new capacity to manufacture alkaline batteries, expanding its production footprint in the region.

The disclosure was submitted to the stock exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the facility is now operational and producing goods for the market.

Exchange Location Symbol/Code
The National Stock Exchange of India Ltd Bandra (E), Mumbai EVEREADY
BSE Limited Mumbai 531508
The Calcutta Stock Exchange Limited Kolkata 000029

The commencement of production at this site is expected to enhance the company's manufacturing capabilities for alkaline batteries. The information regarding the start of operations has been made available on the company's official website.

Historical Stock Returns for Eveready Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-2.74%+3.34%+2.96%+3.54%+7.87%-0.72%

What is the projected increase in Eveready's annual production capacity following the commencement of this Jammu facility?

How will the new alkaline battery capacity impact the company's market share against competitors in the premium battery segment?

What are the expected capital expenditure and operational costs associated with ramping up production at the new plant?

Eveready Industries India promoters declare no encumbrance on shares in FY26

1 min read     Updated on 28 May 2026, 12:02 AM
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Eveready Industries India Ltd promoters and PAC declared no encumbrance on 2,78,91,360 equity shares during FY26, as per SEBI SAST Regulations. M.B. Finmart Pvt. Ltd. leads the holding with 85.82 lakh shares. The disclosure was filed on April 7, 2026, confirming shares were free from pledges or charges.

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The promoters of eveready industries India Ltd, including Persons Acting in Concert (PAC), have confirmed that no encumbrance was created on their equity holdings during the financial year ended March 31, 2026. This declaration was submitted to the stock exchanges pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The disclosure ensures transparency regarding the financial leverage or pledging of promoter shares, a key metric for investor confidence.

The filing, dated April 7, 2026, was submitted on behalf of the promoters and PAC by Puran Associates Private Limited. It explicitly states that the group has not encumbered the said equity shares, directly or indirectly, throughout FY26. The total holding subject to this declaration comprises 2,78,91,360 equity shares of ₹5 each as on March 31, 2026.

The ownership structure detailed in the annexure shows a distribution among five entities. M.B. Finmart Pvt. Ltd. holds the largest stake with 85,82,449 shares, followed closely by Puran Associates Pvt Ltd with 84,00,428 shares. V I C Enterprises Pvt Ltd holds 83,92,920 shares, while Gyan Enterprises Pvt Ltd and Chowdry Associates hold 14,15,863 and 10,99,700 shares respectively.

Shareholding Breakdown

The following table details the shareholding of the promoters and PAC as of March 31, 2026:

S. No Names of Promoters and Person acting in Concert (PAC) Number of shares of ₹5 each
1 M.B. Finmart Pvt. Ltd. 85,82,449
2 Puran Associates Pvt Ltd 84,00,428
3 V I C Enterprises Pvt Ltd 83,92,920
4 Chowdry Associates 10,99,700
5 Gyan Enterprises Pvt Ltd 14,15,863
Total 2,78,91,360

The declaration was addressed to the National Stock Exchange of India Ltd, BSE Limited, The Calcutta Stock Exchange Limited, and Eveready Industries India Ltd. The confirmation of no encumbrance indicates that the promoter group's shareholding remains free from pledges or charges, which is typically viewed as a positive governance indicator by the market.

Historical Stock Returns for Eveready Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-2.74%+3.34%+2.96%+3.54%+7.87%-0.72%

How will this clean, unpledged holding position influence Eveready Industries' ability to raise future capital or secure corporate debt?

Does the absence of encumbrance signal a strategic shift by the promoters towards long-term retention rather than divestment?

What impact will this governance signal have on institutional investor sentiment and stock liquidity in the upcoming quarters?

More News on Eveready Industries

1 Year Returns:+7.87%