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Eveready Industries completes sale of Chennai land

11 Oct 2019 Evaluate

Eveready Industries (India) has completed the sale of land situated at Triuvottiyur Road, in Chennai, Tamil Nadu, for a consideration of Rs 100 crore on October 9, 2019, with the execution of a sale deed in favour of Insight Retail, a subsidiary of Alwarpet Properties.

Eveready Industries India (formerly known as Union Carbide India) is engaged in the manufacture of dry cell batteries and flashlights. It also manufactures tea under the brands Tez, Jaago, Premium Gold and Classic and insect repellents under the brand Eveready Poweron. The company was founded in 1905 and is based in Kolkata, West Bengal.

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