Eveready Industries India Limited — Others, 25-07-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Eveready Industries India Limited has settled an arbitration proceeding in which it was a party, despite not being a signatory to the original agreement involving some of its promoters. The company reached a settlement agreement with the claimant, Real Touch Finance Limited, to withdraw the proceedings against it. As part of the settlement, Eveready will pay INR 15 Cr and transfer certain loan receivables. The company reports no significant financial impact, citing sufficient cash reserves, and states this resolution is in its commercial interest, effectively ending a long-standing legal matter.