Burman family of Dabur acquires 0.28% in Eveready Industries India Ltd - Business News: Latest News & Videos about market and economy | Trendmergers

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Burman family of Dabur acquires 0.28% in Eveready Industries India Ltd

In February, the Burmans had given a mandate to JM Financial Services to buy an additional 5.26% stake in Eveready from the market when it was holding 19.8% in the company. It has also made an open offer for an additional 26% stake in Eveready. The Burmans have been acquiring shares of Eveready as personal investment since 2020 and have said they will run Dabur and Eveready as distinct separate entities.

from Industry-Economic Times
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