Eveready Industries has put the plans to sell its 25 acre Hyderabad land on hold citing political uncertainty.
Speaking to CNBC-TV18, Deepak Khaitan, executive vice chairman of the company said that they feel this it is not an appropriate time to sell the land as the company is not in need of immediate cash.
Last quarter wasn't great for Eveready. Heavy forex (FX) losses and high input costs took a toll on the company's balance sheet.
The company plans to tackle the persistent problem by taking on price hikes whenever necessary, said Khaitan. Below is the edited transcript of the interview. Also watch the accompanying video. Q: The last time you had indicated that you are looking to sell your land at Hyderabad, it
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