Eveready Industries India Limited , a prominent player in the Indian consumer goods sector, has announced the successful passage of all resolutions proposed in its recent postal ballot. The voting process, which concluded on October 16, 2025, saw strong shareholder participation and overwhelming support for the company's proposals.

Key Resolutions Approved

Two significant resolutions were put to vote:

1. Payment of Remuneration to Non-Executive Independent Directors (Special Resolution)
2. Revision in Remuneration of Executive Director and CFO Bibek Agarwal (Ordinary Resolution)

Voting Results

The voting results demonstrate robust shareholder engagement and strong support for the company's proposals:

Shareholder Participation

The postal ballot saw significant participation from Eveready's shareholder base:

• Total shares of the company: 72,687,260
• Shares participated in voting: 48,440,260 (66.64% of total shares)

This high level of participation underscores the engagement of Eveready's shareholders in corporate governance matters.

Voting Process

The company conducted the voting process entirely through electronic means, in line with current corporate governance practices:

• Postal ballot notice date: August 5, 2025
• Voting period: September 17 to October 16, 2025
• Voting method: Remote e-voting

Corporate Governance Implications

The overwhelming approval of these resolutions reflects shareholder confidence in Eveready's management and governance practices. The decision to revise the remuneration of the Executive Director and CFO, as well as to compensate non-executive independent directors, aligns with the company's commitment to attracting and retaining top talent in key positions.

Conclusion

The successful passage of these resolutions marks a positive development for Eveready Industries India Limited. It demonstrates strong shareholder support for the company's governance decisions and sets the stage for potential enhancements in executive performance and board effectiveness.

Eveready Industries has stated that the voting results and the scrutinizer's report will be made available on the company's website and the National Securities Depository Limited's e-voting platform, ensuring transparency in the process.

Eveready Industries India Limited , a prominent player in the Indian consumer goods sector, has successfully resolved its ongoing arbitration dispute with Real Touch Finance Limited. The company recently announced the receipt of a consent award from the arbitral tribunal, marking the formal conclusion of the proceedings.

Settlement and Consent Award

According to the disclosure made by Eveready Industries to the stock exchanges, the arbitral tribunal issued a consent award on September 22. This award follows a settlement agreement reached between Eveready Industries and Real Touch Finance Limited on July 25. The company received the official copy of the consent award on October 1.

Key Points of the Resolution

• Withdrawal of Proceedings: The arbitration proceedings against Eveready Industries have been withdrawn and officially terminated.
• Vacation of Interim Orders: All interim orders previously issued by the arbitral tribunal have been vacated with respect to Eveready Industries.
• Financial Impact: Eveready Industries has stated that the settlement has no impact on its financial position.

Regulatory Compliance

The company made this disclosure in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The information was shared with the National Stock Exchange of India Limited, BSE Limited, and The Calcutta Stock Exchange Limited, where Eveready Industries' shares are listed.

Company Statement

Shampa Ghosh Ray, Company Secretary of Eveready Industries India Limited, signed the disclosure, emphasizing the company's commitment to transparent communication with its stakeholders and regulatory bodies.

This resolution of the arbitration dispute marks a positive development for Eveready Industries, potentially allowing the company to focus on its core business operations without the overhang of legal proceedings.