Eveready Industries India will enter into Joint Venture (JV) with Universal Wellbeing.

The company through this JV, will engage in the business of manufacturing/importing and marketing of fast moving consumer goods (FMCG) in India, via a joint venture company (JVC) to be newly incorporated for the same.

Eveready Industries India, will acquire 30% stake in the joint venture company and the initial paid up share capital of joint venture company will be Rs.25 crore.

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