Eveready Industries India Ltd has completed a significant property divestment, entering into a definitive agreement for the sale of its Noida facility. The transaction, valued at ₹251.55 crore, represents a strategic asset monetization move by the battery and lighting solutions company.

Transaction Overview

The company has agreed to sell and transfer its leasehold rights for land and structures located at B1 & B2, Sector 80, Noida, Uttar Pradesh. The agreement was finalized on February 11, 2026, following board approval communicated in an earlier intimation dated February 5, 2026.

Buyer Details and Transaction Structure

The property has been sold to two entities: NewGen Enterprise LLP and Gupta Infra Property Solutions LLP. Importantly, both buyers are independent parties with no connection to Eveready's promoter group or associated companies, ensuring the transaction maintains arm's length characteristics.

The deal does not qualify as a related party transaction, providing transparency and regulatory compliance. The transaction is structured as a straightforward asset sale outside any scheme of arrangement, requiring standard regulatory approvals for completion.

Financial Impact and Property Contribution

The Noida property contributed ₹15.10 crore to the company's operations during the last financial year, representing approximately 1% of Eveready's annual turnover. This relatively modest contribution suggests the divestment aligns with the company's focus on core business operations while unlocking significant capital value.

Regulatory Compliance and Timeline

The transaction has been disclosed under Regulation 30 of SEBI Listing Regulations and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026. The company expects to complete the sale by September 30, 2026, subject to obtaining requisite regulatory approvals.

Eveready Industries has made the transaction details available on its corporate website at www.evereadyindia.com , ensuring transparency for stakeholders and investors. The substantial transaction value of ₹251.55 crore represents a significant capital infusion opportunity for the company's future growth initiatives.

Eveready Industries India Limited has published its Q3FY26 unaudited standalone and consolidated financial results, demonstrating sustained growth momentum with the fifth consecutive quarter of revenue expansion. The consumer goods manufacturer reported consolidated revenue growth of 10.1% to ₹367.24 crore, though net profitability faced pressure with a 43.1% decline.

Financial Performance Overview

The company's Q3FY26 results showcase continued operational strength with revenue registering double-digit growth for the fifth consecutive quarter. The consolidated financial performance reflects the company's resilience in challenging market conditions.

Nine Months Performance

For the nine months ended December 31, 2025, the company maintained its growth trajectory with consolidated revenue reaching ₹1,128.16 crore. The nine-month performance demonstrates the company's ability to sustain growth momentum across multiple quarters.

Earnings Conference Call Audio Recording

Following the disclosure of Q3FY26 results, Eveready Industries has made the audio recording of its earnings conference call available to stakeholders. The conference call was held on February 6, 2026, providing detailed insights into the company's quarterly performance and strategic outlook.

Regulatory Compliance and Disclosure

The financial results were published in compliance with Regulation 30 and 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company published newspaper advertisements in Financial Express (English - all editions) and Aajkaal (Bengali - Kolkata edition) on February 6, 2026, ensuring transparent communication with stakeholders. The earnings call audio recording disclosure was made pursuant to Regulation 30 requirements.

Share Capital and Corporate Structure

The company's paid-up equity share capital remains stable at ₹36.34 crore with a face value of ₹5 per share. The earnings per share for Q3FY26 stood at ₹1.02 (basic and diluted) compared to ₹1.80 in the corresponding quarter of the previous year.

Market Presence and Stakeholder Communication

Eveready Industries continues to maintain its position in the consumer goods sector, particularly in batteries and lighting segments. The company's consistent revenue growth over five consecutive quarters demonstrates operational resilience and market adaptability. The availability of the earnings call recording enhances transparency and provides stakeholders with comprehensive insights into management commentary and strategic direction. The detailed financial results and audio recording are accessible on stock exchange websites and the company's official website at www.evereadyindia.com .