Legal18 May 2026, 09:30 pm
Eveready Faces ₹7.11 Cr Damages Claim in UCO Bank Building Case
AI Summary
Eveready Industries India Ltd. has been served with an order from Patiala House Courts, New Delhi, regarding alleged unauthorized occupation of a portion of the UCO Bank Building. The order, dated May 15, 2026, estimates damages payable to UCO Bank at approximately ₹7.11 crores, excluding interest. Eveready is challenging the order in the Delhi High Court and seeking interim relief. The company asserts that the damages amount will not have a material impact on its operations.
Key Highlights
- Eveready faces a ₹7.11 Cr damages claim related to UCO Bank building occupation.
- The order was issued by Patiala House Courts, New Delhi on May 15, 2026.
- Eveready is challenging the order in the Delhi High Court.
- The company is seeking interim relief from the High Court.
- Eveready states the damages will not materially impact operations.
Price Impact
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