Eveready Industries India has appointed Roshan L. Joseph (DIN: 02053857) as an Independent Director(Additional Director) of the Company for a period of five years effective 04 October 2019.

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US-based Duracell Inc. is owned by Warren Buffett's Berkshire Hathaway.

As per reports, the deal includes manufacturing plants, distribution network and the Eveready brand. The american firm will only own the Eveready brand in India and become owners of an annual installed capacity of 1.5 billion batteries and over 20 million flashlights per year.

Duracell's proposed offer excludes Eveready Industries' lighting, electrical appliances, confectionery and a fast-moving consumer goods (FMCG) joint venture that clock a cumulative turnover of Rs 500-600 crore, and the company's non-core real estate including the Kolkata office at Rainey Park, reports added.

On the BSE, 2.48 lakh shares were traded in the counter so far compared with average daily volumes of 5875 shares in the past two weeks. The stock hit a high of Rs 77.9 and a low of Rs 70.5 so far during the day.

The stock hit a 52-week high of Rs 255.95 on 10 Sep 2018. The stock hit a 52-week low of Rs 66.25 on 25 Jul 2019.

On a consolidated basis, Eveready's net profit fell 62.3% to Rs 6.91crore on a 13.6% decline in net sales to Rs 331.24 crore in Q1 June 2019 over Q1 June 2018.

Eveready Industries India is engaged in the business of marketing of fast moving consumer goods (FMCG), such as dry cell batteries, rechargeable batteries, flashlights, packet tea and general lighting products.

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Somany Ceramics Ltd, Shankara Building Products Ltd, Hindustan Aeronautics Ltd, Equitas Holdings Ltd are among the other stocks to see a surge in volumes on BSE today, 09 September 2019.

Eveready Industries India Ltd registered volume of 1.5 lakh shares by 10:49 IST on BSE, a 26.03 fold spurt over two-week average daily volume of 5767 shares. The stock slipped 4.99% to Rs.70.50. Volumes stood at 9291 shares in the last session.

Somany Ceramics Ltd clocked volume of 19032 shares by 10:43 IST on BSE, a 12.21 times surge over two-week average daily volume of 1559 shares. The stock lost 19.99% to Rs.228.80. Volumes stood at 812 shares in the last session.

Shankara Building Products Ltd witnessed volume of 1.45 lakh shares by 10:49 IST on BSE, a 3.73 times surge over two-week average daily volume of 38883 shares. The stock increased 13.67% to Rs.418.30. Volumes stood at 2.34 lakh shares in the last session.

Hindustan Aeronautics Ltd clocked volume of 2182 shares by 10:49 IST on BSE, a 3.07 times surge over two-week average daily volume of 711 shares. The stock gained 4.45% to Rs.703.50. Volumes stood at 841 shares in the last session.

Equitas Holdings Ltd witnessed volume of 6.86 lakh shares by 10:49 IST on BSE, a 2.96 times surge over two-week average daily volume of 2.31 lakh shares. The stock dropped 4.22% to Rs.111.10. Volumes stood at 3.99 lakh shares in the last session.

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Eveready Industries India announced that the Annual General Meeting (AGM) of the company will be held on 26 September 2019.

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