EVEREADY · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Eveready Industries has disclosed that Patiala House Courts, New Delhi passed an order on May 15, 2026 in a case involving alleged unauthorized occupation of 5,471 sq. feet of space at UCO Bank Building, Parliament Street, New Delhi. The court has estimated damages payable to UCO Bank at approximately Rs. 7.11 crores, excluding interest. The company downloaded the order from the court's website on May 17, 2026. Eveready intends to challenge this order by filing a writ petition before the Delhi High Court and will seek interim relief. The company states this damages amount does not have any material impact on its operations.
The Rs. 7.11 crore liability is not considered material by the company, so direct stock impact is likely minimal. However, investors should monitor the outcome of the planned High Court challenge as any adverse ruling could affect the company's financials.