Anand Burman appointed chairman of Eveready Industries

A senior Burman family member and Dabur India former chairman Anand C. Burman has been appointed as the chairman of Eveready Industries, the dry cell battery maker where the Burman family of Dabur fame has been recently classified as the promoter, a person aware of the development said.

The appointment was finalised by the Eveready board in a meeting held in Kolkata on Monday. Mohit Burman and Arjun Lamba, a close associate of the Burmans have been appointed as non-executive directors, he said. A formal announcement is expected soon.

The Burman family currently owns 38.3% in Eveready after the recent open offer and earlier open market purchases, and is the largest shareholder. It has subsequently received promoter status in the company.


The country’s largest dry battery cell maker has also appointed FMCG industry veteran Sunil Alagh as an independent director for five years.

Anand Burman, 70, the erstwhile chairman of Dabur India, is also on the board of various Dabur Group companies and other entities like Aviva Life Insurance and Ester Industries. Mohit Burman, 54, is the vice chairman of Dabur India and driving force behind the Burman family's entry into several high-growth and sunrise sectors of financial services like life insurance, pensions, annuities and asset management, besides agriculture and retailing.

Lamba, 41, is the founder-director of Guardian Advisors, a portfolio management company, and is a business associate of the Burmans. Alagh, 75, is the MD of SKA Advisors, a business advisory and consultancy service, and was also the MD of Britannia Industries during 1989-2003.