Board Meeting8 Aug 2026, 02:02 pm
Eveready Industries Board Approves Unaudited Q1 FY27 Results
AI Summary
Eveready Industries India Ltd announced that its Board of Directors, in a meeting held on August 8, 2026, considered and approved the unaudited financial results for the quarter ended June 30, 2026. The results were prepared on both standalone and consolidated bases, in accordance with SEBI Listing Regulations and Indian Accounting Standard 34. The company also noted a penalty of ₹171.55 Crores levied by the Competition Commission of India, against which an appeal has been filed with NCLAT, and a stay has been granted. The outcome of this litigation is currently uncertain, and no provision has been made.
Key Highlights
- Board approved unaudited financial results for Q1 FY27.
- Results are available on standalone and consolidated basis.
- Company is contesting a ₹171.55 Cr penalty from CCI.
- NCLAT has granted a stay on the penalty.
- No provision made for the penalty due to litigation uncertainty.
Price Impact
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