HomeNewsBusinessCompaniesEveready Ind to sell land for Rs 250-275cr to be debt free

Eveready Ind to sell land for Rs 250-275cr to be debt free

Deepak Khaitan, executive vice president at Eveready Industries India, tells CNBC-TV18 that proceeds from land sale will help bring down debt; however, the company is not in a hurry to sell land.

September 26, 2011 / 16:08 IST
Story continues below Advertisement

Your browser doesn't support HTML5 video.

Eveready Industries India is planning to sell around 60-70 acre of land in Delhi, Hyderabad and Bangalore to pay debt of about Rs 200 crore. Deepak Khaitan, executive vice president at Eveready Industries India, tells CNBC-TV18 that proceeds from land sale will help bring down debt; however, the company is not in a hurry to sell land.

first published: Sep 26, 2011 10:20 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!