Eveready Faces ₹7.11 Crore Court Damages Order

Eveready discloses a court order mandating payment of ₹7.11 crore in damages to UCO Bank for alleged unauthorized occupation.
The order relates to proceedings over 5,471 sq. ft. of space at a building on Parliament Street, New Delhi.
The company states it will challenge the order in the Delhi High Court and seek interim relief.
Eveready asserts the damages amount has no material impact on its current operations.