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Amansa Capital increases stake in Eveready Industries

Eveready Industries

Eveready Industries India, Ltd (EIIL) (previously known as Union Carbide India, Limited) is the flagship company of the B.M. Khaitan Group. The brand Eveready has been present in India since 1905.

EIIL’s principal activities are the manufacture and market of batteries, flashlight cases, and electrolytic manganese dioxide and arc carbons. It also manufactures photo-engravers plates/strips for printing, castings, hard facing and tube rods, carbon electrodes and other related products. The company also produces and markets tea. The Group’s operating facilities are located at Kolkata, Chennai, Hyderabad, Noida, Gurgaon and Navi Mumbai.

Eveready Industries Share Price April 2016

Amansa Holdings purchased 500,000 shares or 0.69% thereby increasing its shareholding from 4,272,985 shares or 5.88% to 4772985 shares or 6.57%.

Amansa Capital is a company incorporated in Singapore. The company’s founder is Akash Prakash, who has over 15 years of experience as an investment manager across multiple regions and with a deep India expertise.

Amansa Capital has an international institutional investor base and acts as the Investment Manager to our flagship fund and relevant mandates.

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