Eveready Industries India Ltd
NSE: EVEREADY BSE: 531508
₹329.25
(0.09%)
Thu, 26 Feb 2026, 08:12 am
Market Cap24.2B
PE Ratio59.55
Dividend0.45
Producer Manufacturing
Electrical Products
24.5KCompany History
1934
- Company incorporated.
1955
- Converted to Public Limited Company.
1959
- Issued 8,00,000 right shares at premium of Rs 2.50 in proportion 2:5.
1964
- Issued 8,40,000 right shares at premium of Rs 4 in proportion 3:10.
1965
- Issued 4,55,000 bonus shares in proportion 1:8.
1968
- Issued 20,47,500 right shares at par in proportion 1:2.
- Issued 20,47,500 bonus shares in proportion 1:2.
1970
- Issued 40,95,000 bonus equity shares in proportion 1:22.
1972
- Received letter of intent for 5,000 tonnes MIC-based pesticides manufacture.
1974
- Issued 61,42,500 bonus equity shares in proportion 1:2.
1978
- Issued 32,94,500 shares at premium of Rs 6 to resident Indians, employees, and institutions.
1980
- Issued 108,61,000 bonus shares in proportion 1:2.
1984
- Bhopal pesticides plant accident on December 2-3; plant closed December 3.
- Factories Act license expired December 31; plant closed July 11, 1985.
1985
- Appointed Engineers India Ltd for polyethylene relocation feasibility study.
- Applied for closure of Chembur Unit on April 16, 1987.
- Proposed heavy duty zinc chloride battery launch in September.
- Received letter of intent for speciality glasses and gas mixers.
1988
- Two suits filed in Texas courts against UCC and UCIL, dismissed in 1992.
1990
- Received RBI permission for computer software and services export.
- Installed new computer with IBM mainframe link in USA.
1992
- UCC created Bhopal Hospital Trust and pledged 16,589,750 UCIL shares.
1993
- Installed modernised R-20 paper jacket battery facility in Hyderabad.
- Entered agreement with SPIC Fine Chemicals for product sales.
- Launched Henko premium detergent powder.
- Entered agreement with Hindustan Latex for Nirodh condoms distribution.
1994
- Commenced marketing of WONDER alkaline batteries.
1995
- Formed JV Energizer India Ltd with Ralston Purina for alkaline batteries.
- Changed name to Union Carbide India Ltd, then Eveready Industries Ltd from April 24.
1996
- Launched TEZ packet tea in Rajasthan.
- Proposed plastic processing unit.
- Set up JV Eveready Energizer Miniatures Pvt Ltd.
- Merged MeLeod Russel (India) Ltd and Faith Investment Ltd effective April 1.
1997
- Launched Tez and Premium Gold tea in five states.
- Set up D size battery plant at Noida.
- Started JV with EBC for miniature batteries.
- Released Eveready GP rechargeable batteries for cellular phones.
1999
- Planned launch of Tez tea in West Bengal and south India.
- Entered JV with Gold Peak Industries for rechargeable batteries assembly.
- Launched environment-friendly 'Ray of Life' batteries.
- Launched 'Lava' dry cell batteries in Bangladesh.
2000
- Acquired tea estate in Dooars.
- Introduced rechargeable NiCd AA batteries in Chennai.
- Launched packet tea under Greendale division.
- Approved amalgamation of Bisnauth Tea with effect from April 1.
- Launched Eveready Big Lantern.
2001
- Launched Luvlite torch-cum-key chain.
- Sold 4 Darjeeling and 2 Dooars tea estates for Rs 44.92 crore.
- Sold alkaline batteries business for $1.5 million.
- Transferred 49% stake in Energizer India Ltd to EBC India.
2002
- Promoters increased stake by 6.7%.
- Raised Rs 80 crore from sale of tea gardens.
- Sold 330,000 shares of Kilburn Chemicals Ltd.
- Sold property to Hooghly Holdings for Rs 20 crore.
2003
- Offloaded 9% holding in Standard Batteries Ltd.
- Approved shift of facilities from Tiruvottiyur to Guindy.
2004
- Metals Centre Ltd acquired 3,440,812 shares (6.16%).
- Appointed Amitabh Bachchan as brand ambassador for batteries and flashlights for 2 years.
2005
- Rolled out NiMH rechargeable batteries.
- Entered MoU with BPL.
- Acquired BPL Soft Energy System Ltd.
2007
- Signed agreement with Phoenix Lamps for sales and distribution of GLLs.
- Appointed Subir Dasgupta as additional director.
- Entered MOU with HDIL for land lease transfer at Navi Mumbai for Rs 1.15 crore.
2008
- Signed distribution and dual brand agreement with Phoenix Lamps for GLLs under EVEREADY and HALONIX.
2009
- Invested in overseas JV/special purpose vehicle.
2010
- Hiked battery prices.
2011
- Upgraded torch and lamp portfolio.
- Appointed Akshay Kumar as brand ambassador.
2012
- Launched lantern portfolio with rechargeable range.
2013
- Hiked battery prices.
- Launched portable power products.
2014
- Recommended dividend of Re. 0.50 per equity share.
2015
- Launched India’s brightest 8W LED bulb.
2016
- Launched electrical home appliances.
- Secured Rs 17.94 crore supply order from government firm.
- Announced plans to enter home appliances and hive off tea business.
2017
- Ventured into professional lighting solutions.
2018
- Conducted Hindu Young World Quiz across 17 locations.
- Secured Rs 5.71 crore order from Kolkata Municipal Corporation for LED street lights.
- Launched new 'give me red' logo.
- Entered JV with Universal Wellbeing Pte Ltd for FMCG manufacturing.
2020
- Introduced emergency LED category.
2021
- Introduced power packed alkaline champ batteries.
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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800