Khaitans step down from Eveready board after Burman Group open offer

Dry cell battery major Eveready Industries on Thursday said its non-executive chairman Aditya Khaitan and managing director Amritanshu Khaitan have resigned following a recent open offer from the Burmans of Dabur.

Suvamoy Saha, currently the joint managing director, will assume charge as the new managing director, Eveready said in a stock exchange filing.

Saha will assume the responsibility as the MD till such time “the same is taken on record by the board on the recommendation of the Nomination & Remuneration Committee of the Board, at its meetings to be convened shortly”.