Anand Burman appointed chairman of Eveready Industries
The appointment was finalised by the Eveready board in a meeting held in Kolkata on Monday. Mohit Burman and Arjun Lamba, a close associate of the Burmans have been appointed as non-executive directors, he said. A formal announcement is expected soon.
As per a stock exchange filing made on Tuesday, the proposed appointment will be with effect from July 12 subject to approval of the shareholders. The company is likely to appoint the new chairman amongst these three directors in the next board meeting later this month or early next when Eveready announces its April-June quarterly earnings.
3 Burman family nominees, including Anand Burman appointed on Eveready board
The Burman Group, through its entities Puran Associates, VIC Enterprises, MB Finmart, Gyan Enterprises and Chowdry Associates had increased stake in Eveready to 38.37 per cent and became promoters of the Kolkata-based firm.
Italy's win against England in the Euro final symbolises renewal after adversity
But if Italy's scrappy, indefatigable and improbably undefeated national team lifted the country's spirits after multiple lockdowns and incalculable suffering brought by a brutal pandemic, it was only the latest signal of a national resurgence.
Trade Spotlight: ACC, Newgen Software, Ester Industries in focus
ACC which hit a fresh 52-week high closed with gains of over 2 percent, Newgen Software rallied more than 9 percent to a new 52-week high of Rs 269 and Ester Industries was locked in upper circuit of 20 percent on Wednesday.
Share market update: 52 stocks hit 52-week highs on NSE
Among the stocks that touched their 52-week highs were ABM International, Akash Infra-Projects, Amber Enterprises India, APL Apollo Tubes, Balaji Amines, BLS International, Emami, Ester Industries, Expleo Solutions, Jindal Steel & Power, Karda Constructions, KIOCL, Meghmani Organics, SBI Cards and Payment Services and Thyrocare Technologies.