Corporate News     06-Dec-18
Eveready Industries India to sell its land in Chennai
For consideration of Rs 100 cr
Eveready Industries India has executed an Agreement for Sale dated December 5, 2018 with Mis Alwarpet Properties (part of the Olympia Group, Chennai), for sale of its land situated Triuvottiyur Road, in Chennai, Tamil Nadu, for a consideration of Rs. 100 crore.

The sale is expected to be completed within 4 -10 months, based on tangible milestones. For over the last 5 decades, a battery manufacturing facility was located on the said land. However the factory became economically unviable, which led to it becoming idle for some time. This had no impact on the operations of the Company. The said land has therefore become surplus to the Company's needs.

Previous News
  Eveready Industries India reports consolidated net loss of Rs 21.87 crore in the March 2023 quarter
 ( Results - Announcements 09-May-23   16:33 )
  Eveready Industries India consolidated net profit declines 52.55% in the September 2022 quarter
 ( Results - Announcements 28-Oct-22   16:19 )
  Eveready Industries India to convene board meeting
 ( Corporate News - 21-Oct-22   13:46 )
  Eveready Industries India to convene AGM
 ( Corporate News - 07-Jun-22   18:18 )
  Eveready Industries India Ltd leads gainers in 'A' group
 ( Hot Pursuit - 22-Aug-23   12:01 )
  Eveready Industries India consolidated net profit declines 45.90% in the December 2020 quarter
 ( Results - Announcements 10-Feb-21   17:08 )
  Eveready Industries India to hold board meeting
 ( Corporate News - 02-Nov-21   10:58 )
  Eveready Inds hits 52 week high; soars 15% in two days
 ( Hot Pursuit - 22-Aug-23   13:17 )
  Eveready Industries India to conduct board meeting
 ( Corporate News - 24-Oct-18   12:38 )
  Eveready Industries India AGM scheduled
 ( Corporate News - 04-Sep-19   16:54 )
  Captain Polyplast Ltd leads losers in 'B' group
 ( Hot Pursuit - 20-Aug-20   14:45 )
Other Stories
  Gujarat Natural Resources to convene board meeting
  05-Oct-24   17:43
  Narmada Macplast Drip Irrigation Sys. to convene board meeting
  05-Oct-24   17:43
  Grill Splendour Services to conduct board meeting
  05-Oct-24   17:43
  Consolidated Construction Consortium to hold board meeting
  05-Oct-24   17:43
  Visagar Polytex to announce Quarterly Result
  05-Oct-24   17:42
  GNA Axles to convene board meeting
  05-Oct-24   17:42
  Fidel Softech to conduct board meeting
  05-Oct-24   17:42
  Rita Finance & Leasing announces board meeting date
  05-Oct-24   17:42
  Pelatro to conduct EGM
  05-Oct-24   17:36
  Thinkink Picturez to hold AGM
  05-Oct-24   17:35
Back Top