EVEREADY INDUSTRIES INDIA LTD. - Reserve Bank of India approval for increase in Foreign Investment limit/ceiling upto 49% for the Company

Eveready Industries India Ltd has informed BSE that the Company has received on September 30, 2015, the Reserve Bank of India's approval dated September 29, 2015, with regard to the increase in the Foreign Institutional Investors (Flls) / Registered Foreign Portfolios Investors (RFPIs) investment ceiling / limit under the Portfolio Investment Scheme (PIS), upto 49 per cent of the paid up capital of the Company.