Eveready Industries Ltd initiates recovery proceedings for Rs. 4.12 crores from McNally

Eveready Industries Ltd has initiated proceedings before the Hon'ble High Court at Calcutta on September 15, 2021, for recovery of an amount of Rs. 4.12 Crores being interest amount due from McNally Bharat Engineering Company Limited (McNally) in respect of Inter Corporate Deposits (ICDs) earlier given to McNally, the principal amount of which has been repaid. The above has no impact on the operations or day to day business of the Company.

Shares of Eveready Industries India Ltd. was last trading in BSE at Rs. 362 as compared to the previous close of Rs. 373.1. The total number of shares traded during the day was 75834 in over 2594 trades.

The stock hit an intraday high of Rs. 373.55 and intraday low of 351.75. The net turnover during the day was Rs. 27246595.

Source : Equity Bulls

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