Eveready Industries India Limited has informed the Exchange about appointment of Secretarial Auditor
EVEREADY · price
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Eveready Industries' board met on May 9, 2025 and approved audited FY25 results with revenue from operations of Rs. 1,343.92 crores (standalone), up modestly from Rs. 1,314.16 crores in FY24. Net profit for FY25 rose about 23% to Rs. 82.38 crores from Rs. 66.73 crores, with EPS at Rs. 11.33 vs Rs. 9.18. The board recommended a dividend of Rs. 1.50 per share (30% on face value of Rs. 5), totalling around Rs. 10.90 crores, subject to shareholder approval. Mr. Anirban Banerjee, currently SVP & SBU Head (Batteries, Flashlights & Lighting), was promoted internally to CEO effective May 10, 2025. M/s MKB & Associates was appointed as Secretarial Auditor for a 5-year term starting April 1, 2025, also subject to shareholder approval. Statutory auditors Singhi & Co. issued an unmodified opinion but flagged a Rs. 171.55 crore CCI penalty as a contingent liability pending NCLAT appeal.
Improved full-year profitability and a stable dividend are positive for shareholders, though the Rs. 171.55 crore CCI penalty remains a material overhang as a contingent liability. The internal CEO appointment brings continuity to the batteries and flashlights business, while the new secretarial auditor adds fresh compliance oversight.