Everest Industries Ltd

Integrated Filing — Corporate Governance (NSE XBRL)

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Filing Summary

Company
Everest Industries Limited
Symbol
EVERESTIND
Quarter Ended
31-Mar-2026
Submission
New

General Disclosures

Additional Disclosure Date
28-Apr-2026
Additional Disclosure Designation
CFO
Additional Disclosure Name Of Signatory
Rajesh Gagrani
Additional Disclosure Place
Mumbai
Advertisements As Per Regulation471
Yes
Affirmations
All loans (or other form of debt), guarantees, comfort letters (by whatever name called) or securities in connection with any loan(s) (or other form of debt) given directly or indirectly by the listed entity to promoter(s), promoter group, director(s) (including their relatives), key managerial personnel (including their relatives) or any entity controlled by them are in the economic interest of the company.
Aggregate Amount Advanced During Six Months Of Any Loan Or Any Other Form Of Debt To KM Ps Or Any Other Entity Controlled By Them
0
Aggregate Amount Advanced During Six Months Of Any Loan Or Any Other Form Of Debt To Promoter Group Or Any Other Entity Controlled By Them
0
Aggregate Amount Advanced During Six Months Of Any Loan Or Any Other Form Of Debt To Promoter Or Any Other Entity Controlled By Them
0
Aggregate Amount Of Issuance During Six Months Of Any Guarantee Or Comfort To KM Ps Or Any Other Entity Controlled By Them
0
Aggregate Amount Of Issuance During Six Months Of Any Guarantee Or Comfort To Promoter Group Or Any Other Entity Controlled By Them
0
Aggregate Amount Of Issuance During Six Months Of Any Guarantee Or Comfort To Promoter Or Any Other Entity Controlled By Them
0
Aggregate Value Of Security Provided During Six Months Of Security In Connection With Loan Or Any Other Debt Avail By KM Ps Or Any Other Entity Controlled By Them
0
Aggregate Value Of Security Provided During Six Months Of Security In Connection With Loan Or Any Other Debt Avail By Promoter Group Or Any Other Entity Controlled By Them
0
Aggregate Value Of Security Provided During Six Months Of Security In Connection With Loan Or Any Other Debt Avail By Promoter Or Any Other Entity Controlled By Them
0
Annual Return As Provided Under Section92Of The Companies Act2013
Yes
Approval For Material Related Party Transactions
Not Applicable
Approval Of The Board And Shareholders For Compensation Or Profit Sharing
Not Applicable
Audio Or Video Recordings And Transcripts Of Post Earinings Or Quarterly Calls
Not Applicable
Balance Outstanding At The End Of Six Months Any Loan Or Any Other Form Of Debt To KM Ps Or Any Other Entity Controlled By Them
0
Balance Outstanding At The End Of Six Months Any Loan Or Any Other Form Of Debt To Promoter Group Or Any Other Entity Controlled By Them
0
Balance Outstanding At The End Of Six Months Any Loan Or Any Other Form Of Debt To Promoter Or Any Other Entity Controlled By Them
0
Balance Outstanding At The End Of Six Months Of Any Guarantee Or Comfort To KM Ps Or Any Other Entity Controlled By Them
0
Balance Outstanding At The End Of Six Months Of Any Guarantee Or Comfort To Promoter Group Or Any Other Entity Controlled By Them
0
Balance Outstanding At The End Of Six Months Of Any Guarantee Or Comfort To Promoter Or Any Other Entity Controlled By Them
0
Balance Outstanding At The End Of Six Months Of Security In Connection With Loan Or Any Other Debt Avail By KM Ps Or Any Other Entity Controlled By Them
0
Balance Outstanding At The End Of Six Months Of Security In Connection With Loan Or Any Other Debt Avail By Promoter Group Or Any Other Entity Controlled By Them
0
Balance Outstanding At The End Of Six Months Of Security In Connection With Loan Or Any Other Debt Avail By Promoter Or Any Other Entity Controlled By Them
0
Board Composition
Yes
Code Of Conduct
Yes
Company Remarks
The Company has not given any loans (or other form of debt), guarantees, comfort letters (by whatever name called) or securities in connection with the loans to promoters, promoter group, directors (including their relatives), KMP (including their relatives) or any entity controlled by them.
Compliance Certificate
Yes
Compliance Status
Yes
Compliance With Sub Regulation3Of Regulation46With Respect To Accuracy Of Disclosures On The Website And Timely Updation
Yes
Confirmation That The Disclosures Are In A Separate Section As Specified In Sub Regulation2Of Regulation46
Yes
Credit Rating Or Revision In Credit Rating Obtained
Yes
Date Of End Of Financial Year
31-Mar-2026
Date Of End Of Reporting Period
31-Mar-2026
Date Of Signing
28-Apr-2026
Date Of Start Of Financial Year
01-Apr-2025
Designation Of Person
Company Secretary and Compliance Officer
Designation Of Person Affirmations
Company Secretary and Compliance Officer
Designation Of Person For Annual Affirmations
Company Secretary and Compliance Officer
Designation Of Person For Quartely Affirmations
Company Secretary and Compliance Officer
Details Of Agreements Entered Into With The Media Companies And Or Their Associates
Not Applicable
Details Of Business
Yes
Details Of Establishment Of Vigil Mechanism Or Whistle Blower Policy
Yes
Disclosure Of Contact Details Of KMP Who Are Authorized For The Purpose Of Determining Materiality Under Sub Regulation5Of Regulation30
Yes
Disclosure Of Notes On Affirmations Explanatory Text Block
The Company does not have any material subsidiary during FY 2025-26.
Disclosure Of Notes On Annual Affirmations Explanatory Text Block
The fields marked as ' NA' are Not Applicable for the FY 2025-26.
Disclosure Of Related Party Transactions On Consolidated Basis
Yes
Disclosure Web Link Of Annual Return As Provided Under Section92Of The Companies Act2013Is Placed
https://www.everestind.com/investor-relations/annual-returns
Disclosure Web Link Of Company At Advertisements As Per Regulation471Is Placed
https://www.everestind.com/investor-relations/newspaper-advertisement
Disclosure Web Link Of Company At Dividend Distribution Policy As Per Regulation43A1Is Placed
https://www.everestind.com/public/storage/codes-and-policies/November2022/T6v1LE6DlXqnmbsURXOs.pdf
Disclosure Web Link Of Company At Materiality Policy As Per Sub Regulation4Regulation30Is Placed
https://www.everestind.com/public/storage/codes-and-policies/April2026/PPAu0mkkoeVXb04837eP.pdf
Disclosure Web Link Of Company At Separate Audited Financial Statements Of Each Subsidiary Of The Listed Entity Is Placed
https://www.everestind.com/investor-relations/subsidiaries-financial-statements
Disclosure Web Link Of Company At Which Credit Rating Or Revision In Credit Rating Obtained Is Placed
https://www.everestind.com/public/pdfs/Creditratingorrevisionincreditratingobtained.pdf
Disclosure Web Link Of Company At Which Details Of Business Is Placed
https://www.everestind.com/
Disclosure Web Link Of Company At Which Details Of Establishment Of Vigil Mechanism Or Whistle Blower Policy Is Placed
https://www.everestind.com/public/storage/codes-and-policies/February2025/y5d2EkGekGs8EmVOnUHK.pdf
Disclosure Web Link Of Company At Which Financial Results Is Placed
https://www.everestind.com/investor-relations/quarterly-financial-results
Disclosure Web Link Of Company At Which Policy For Determining Material Subsidiaries Is Placed
https://www.everestind.com/public/storage/codes-and-policies/February2026/UpLaJNF36Tj30vhZPLQz.pdf
Disclosure Web Link Of Company At Which Policy On Dealing With Related Party Transactions Is Placed
https://www.everestind.com/public/storage/codes-and-policies/April2026/VKJcLbUVXYdxujvf93qp.pdf
Disclosure Web Link Of Company At Which Shareholding Pattern Is Placed
https://www.everestind.com/investor-relations/shareholding-pattern
Disclosure Web Link Of Compliance With Sub Regulation3Of Regulation46With Respect To Accuracy Of Disclosures On The Website And Timely Updation Is Placed
https://www.everestind.com/investor-relations/regulation-46-information
Disclosure Web Link Of Confirmation That The Disclosures Are In A Separate Section As Specified In Sub Regulation2Of Regulation46Is Placed
https://www.everestind.com/investor-relations/regulation-46-information
Disclosure Web Link Of Disclosure Of Contact Details Of KMP Who Are Authorized For The Purpose Of Determining Materiality Under Sub Regulation5Of Regulation30Is Placed
https://www.everestind.com/public/storage/regulation30-information/September2025/i57ZsjhyItvxEr3UOzGB.pdf
Disclosure Web Link Of Disclosures Under Sub Regulation8Of Regulation30Is Placed
https://www.everestind.com/investor-relations/regulation-46-information
Disclosure Web Link Of Employee Benefit Scheme Documents Framed In Terms Of SEBI Share Based Employee Benefits And Sweat Equity Regulations2021Is Placed
https://www.everestind.com/public/storage/shareholders-information/August2025/cvs744iGynCKO1v7yGSa.pdf
Disclosure Web Link Of Memorandum Of Association And Articles Of Association Is Placed
https://www.everestind.com/public/pdfs/Memorandum_of_Association_and_Articles_of_Association.pdf
Disclosure Web Link Of Secretarial Compliance Report Is Placed
https://www.everestind.com/investor-relations/secretarial-compliance-report
Disclosures Under Sub Regulation8Of Regulation30
Yes
Dividend Distribution Policy As Per Regulation43A1
Yes
Employee Benefit Scheme Documents Framed In Terms Of SEBI Share Based Employee Benefits And Sweat Equity Regulations2021
Yes
Fees Or Compensation
Yes
Financial Results
Yes
Is SCORESID Available
Yes
ISIN
INE295A01018
Market Capitalisation As Per Immediate Previous Financial Year
Top 2000 listed entities
Materiality Policy As Per Sub Regulation4Regulation30
Yes
Memorandum Of Association And Articles Of Association
Yes
Minimum Information
Yes
MSEI Symbol
NOTLISTED
Name Of Signatory
Amruta Avasare
Name Of Signatory Affirmations
Amruta Avasare
Name Of Signatory For Annual Affirmations
Amruta Avasare
Name Of Signatory For Quartely Affirmations
Amruta Avasare
Name Of The Company
Everest Industries Limited
New Name And The Old Name Of The Listed Entity
Not Applicable
Other Corporate Governance Requirements With Respect To Subsidiary Of Listed Entity
Yes
Place
Mumbai
Plans For Orderly Succession For Appointments
Yes
Policy For Determining Material Subsidiaries
Yes
Policy For Related Party Transaction
Yes
Policy On Dealing With Related Party Transactions
Yes
Recommendation Of Board
Yes
Reporting Quarter
Yearly
Review Of Compliance Reports
Yes
Risk Assessment And Management
Yes
Schedule Of Analyst Or Institutional Investor Meet And Presentation Prepared By Listed Entity For Analyst Or Institutional Investor Meet
Not Applicable
SCORES Registration ID
e00130
Scrip Code
508906
Secretarial Compliance Report
Yes
Separate Audited Financial Statements Of Each Subsidiary Of The Listed Entity
Yes
Shareholding Pattern
Yes
Statements Of Deviations Or Variations As Specified In Regulation32
Not Applicable
Symbol
EVERESTIND
The Listed Entity Has Approved Material Subsidiary Policy And The Corporate Governance Requirements With Respect To Subsidiary Of Listed Entity Have Been Complied
Yes
Type Of Any Guarantee Or Comfort Letter Of KM Ps Or Any Other Entity Controlled By Them
0
Type Of Any Guarantee Or Comfort Letter Of Promoter Group Or Any Other Entity Controlled By Them
0
Type Of Any Guarantee Or Comfort Letter Of Promoter Or Any Other Entity Controlled By Them
0
Type Of Company
Equity
Type Of Security Of KM Ps Or Any Other Entity Controlled By Them
0
Type Of Security Of Promoter Group Or Any Other Entity Controlled By Them
0
Type Of Security Of Promoter Or Any Other Entity Controlled By Them
0
Type Of Submission
Original
Vacancies In Respect Key Managerial Personnel
Yes
Vigil Mechanism
Yes
Whether As Per Sub Regulation2ba Of Regulation27Of SEBILODR There Has Been Cyber Security Incidents During The Quarter
No
Whether Part A Of Annexure I Of The SEBI Circular Dated31December2024Related To Compliance Report On Corporate Governance Is Applicable To The Entity
Yes
Whether Part F Of Annexure I Of The SEBI Circular Dated31December2024Related To Disclosure Of Loans Or Guarantees Or Comfort Letters Or Securities Etc Is Applicable To The Entity
Yes

Additional Disclosures

Entry D_MeetingBOD1
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingBOD2
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingBOD3
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingComit1
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingComit2
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingComit3
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingComit4
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingComit5
Whether Requirement Of Quorum Met
Yes
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Board Composition — Entity Disclosures

Disclosure Of Notes On Composition Of Board Of Directors Explanatory Text Block
Numbers of membership also includes number of Chairmanship. Further, Membership/Chairmanship of listed and unlisted public Companies are included. The Names of Directors are provided as per PAN.
The Composition Of Board Of Directors Is In Terms Of Sebi Regulations2015
Yes
Chairperson Related to MD / CEO
No
Regular Chairperson
Yes

Composition of Board of Directors

SrTitleDirectorPANDINCategory 1Category 2Category 3Date of BirthDisqualifiedStatusSpecial ResolutionInitial AppointmentRe-appointmentTenure (months)Listed DirectorshipsIndependent DirectorshipsAudit / Stakeholder MembershipsAudit / Stakeholder Chair Posts
1MrAnant Jaivant Talaulicar******00031051Non-Executive - Independent DirectorChairperson11-Jul-1961NoActiveNot Applicable21-Nov-201921-Nov-2024765491
2MsPadmini Sekhsaria******00046486Non-Executive - Non Independent DirectorNot Applicable06-Sep-1975NoActiveNot Applicable26-Feb-201926-Feb-20191000
3MrRajendra Prabhakar Chitale******00015986Non-Executive - Independent DirectorNot Applicable10-Apr-1961NoActiveNot Applicable23-Jan-201923-Jan-2024863322
4MrAlok Mahinder Nanda******02149755Non-Executive - Independent DirectorNot Applicable14-Jul-1960NoActiveNot Applicable23-Jan-201923-Jan-2024861111
5MrAshok Kumar Barat******00492930Non-Executive - Independent DirectorNot Applicable05-Dec-1956NoActiveNot Applicable19-Mar-202419-Mar-202424.137785
6MsBijal Ajinkya******01976832Non-Executive - Independent DirectorNot Applicable22-Jul-1976NoActiveNot Applicable19-Mar-202419-Mar-202424.134461
7MrHemant Khurana******08652827Executive DirectorNot ApplicableCEO-MD04-Jan-1972NoActiveNot Applicable13-Sep-20251020

Committee Disclosures

Entry CompComit122
Date of Appointment
28-May-2021
Entry CompComit123
Date of Appointment
10-Apr-2019
Entry CompComit124
Date of Appointment
28-Feb-2019
Entry CompComit125
Date of Appointment
13-Sep-2025
Entry CompComit14
Date of Appointment
10-Apr-2019
Entry CompComit15
Date of Appointment
06-Dec-2019
Entry CompComit16
Date of Appointment
01-Apr-2024
Entry CompComit17
Date of Appointment
13-Sep-2025
Entry CompComit41
Date of Appointment
01-Apr-2024
Entry CompComit42
Date of Appointment
10-Apr-2019
Entry CompComit43
Date of Appointment
06-Dec-2019
Entry CompComit44
Date of Appointment
01-Oct-2024
Entry CompComit68
Date of Appointment
01-Oct-2024
Entry CompComit69
Date of Appointment
01-Apr-2024
Entry CompComit70
Date of Appointment
13-Sep-2025
Entry CompComit95
Date of Appointment
01-Apr-2024
Entry CompComit96
Date of Appointment
28-May-2021
Entry CompComit97
Date of Appointment
28-May-2021
Entry CompComit98
Date of Appointment
13-Sep-2025
Entry MainD
Composition And Role Of Risk Management Committee
Yes
Composition Of Audit Committee
Yes
Composition Of Nomination And Remuneration Committee
Yes
Composition Of Stakeholder Relationship Committee
Yes
Composition Of Various Committees Of Board Of Directors
Yes
Disclosure Of Notes On Composition Of Committees Explanatory Text Block
The Company does not fall under the Top 1000 Companies as per market capitalization as on December 31, 2025. However, due to Regulation 3(2A) of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, the Company is complying with the provisions of constitution of Risk Management Committee.
Disclosure Web Link Of Company At Which Composition Of Various Committees Of Board Of Directors Is Placed
https://www.everestind.com/investor-relations#Board-of-Directors
Memberships In Committees
Yes
Prior Or Omnibus Approval Of Audit Committee For All Related Party Transactions
Yes
Risk Management Committee
Yes
Role Of Audit Committee And Information To Be Reviewed By The Audit Committee
Yes
Role Of Nomination And Remuneration Committee
Yes
Role Of Stakeholders Relationship Committee
Yes
The Committee Members Have Been Made Aware Of Their Powers Role And Responsibilities As Specified In Sebi Regulations2015
Yes
The Composition Of Audit Committee Is In Terms Of Sebi Regulations2015
Yes
The Composition Of The Nomination And Remuneration Committee Is In Terms Of Sebi Regulations2015
Yes
The Composition Of The Risk Management Committee Is In Terms Of Sebi Regulations2015
Yes
The Composition Of The Stakeholders Relationship Committee Committee Is In Terms Of Sebi Regulations2015
Yes
Whether The Audit Committee Has A Regular Chairperson
Yes
Whether The Corporate Social Responsibility Committee Has A Regular Chairperson
Yes
Whether The Nomination And Remuneration Committee Has A Regular Chairperson
Yes
Whether The Risk Management Committee Has A Regular Chairperson
Yes
Whether The Stakeholders Relationship Committee Has A Regular Chairperson
Yes

Audit Committee

Additional Position
Chairperson
Director DIN
00015986
Member Name
Rajendra Prabhakar Chitale
Position
Non-Executive - Independent Director

Audit Committee

Additional Position
Member
Director DIN
00031051
Member Name
Anant Jaivant Talaulicar
Position
Non-Executive - Independent Director

Audit Committee

Additional Position
Member
Director DIN
00492930
Member Name
Ashok Kumar Barat
Position
Non-Executive - Independent Director

Audit Committee

Additional Position
Member
Director DIN
08652827
Member Name
Hemant Khurana
Position
Executive Director

Audit Committee

Audit Committee

Audit Committee

Corporate Social Responsibility Committee

Additional Position
Chairperson
Director DIN
00031051
Member Name
Anant Jaivant Talaulicar
Position
Non-Executive - Independent Director

Corporate Social Responsibility Committee

Additional Position
Member
Director DIN
00046486
Member Name
Padmini Sekhsaria
Position
Non-Executive - Non Independent Director

Corporate Social Responsibility Committee

Additional Position
Member
Director DIN
02149755
Member Name
Alok Mahinder Nanda
Position
Non-Executive - Independent Director

Corporate Social Responsibility Committee

Additional Position
Member
Director DIN
08652827
Member Name
Hemant Khurana
Position
Executive Director

Corporate Social Responsibility Committee

Nomination and remuneration committee

Additional Position
Chairperson
Director DIN
00492930
Member Name
Ashok Kumar Barat
Position
Non-Executive - Independent Director

Nomination and remuneration committee

Additional Position
Member
Director DIN
00046486
Member Name
Padmini Sekhsaria
Position
Non-Executive - Non Independent Director

Nomination and remuneration committee

Additional Position
Member
Director DIN
00031051
Member Name
Anant Jaivant Talaulicar
Position
Non-Executive - Independent Director

Nomination and remuneration committee

Additional Position
Member
Director DIN
01976832
Member Name
Bijal Ajinkya
Position
Non-Executive - Independent Director

Risk Management Committee

Additional Position
Chairperson
Director DIN
00492930
Member Name
Ashok Kumar Barat
Position
Non-Executive - Independent Director

Risk Management Committee

Additional Position
Member
Director DIN
00015986
Member Name
Rajendra Prabhakar Chitale
Position
Non-Executive - Independent Director

Risk Management Committee

Additional Position
Member
Director DIN
00031051
Member Name
Anant Jaivant Talaulicar
Position
Non-Executive - Independent Director

Risk Management Committee

Additional Position
Member
Director DIN
08652827
Member Name
Hemant Khurana
Position
Executive Director

Stakeholders Relationship Committee

Additional Position
Chairperson
Director DIN
02149755
Member Name
Alok Mahinder Nanda
Position
Non-Executive - Independent Director

Stakeholders Relationship Committee

Additional Position
Member
Director DIN
00031051
Member Name
Anant Jaivant Talaulicar
Position
Non-Executive - Independent Director

Stakeholders Relationship Committee

Additional Position
Member
Director DIN
08652827
Member Name
Hemant Khurana
Position
Executive Director

Stakeholders Relationship Committee

Entry MainD
Gap Between The Meetings Of The Risk Management Committee
Yes
Meeting Of Audit Committee
Yes
Meeting Of Board Of Directors
Yes
Meeting Of Independent Directors
Yes
Meeting Of Nomination And Remuneration Committee
Yes
Meeting Of Risk Management Committee
Yes
Meeting Of Stakeholders Relationship Committee
Yes
Quorum Of Board Meeting
Yes
Quorum Of Nomination And Remuneration Committee Meeting
Yes
Quorum Of Risk Management Committeemeeting
Yes
The Meetings Of The Board Of Directors And The Above Committees Have Been Conducted In The Manner As Specified In Sebi Regulations2015
Yes
Entry MeetingBOD1
Dates Of Meeting In The Previous Quarter
29-Oct-2025
Number Of Directors Present In Meeting Of Board Of Directors
7
Number Of Independent Directors Attending The Meeting
5
Total Number Of Directors As On Date Of The Meeting
7
Entry MeetingBOD2
Dates Of Meeting If Any In The Relevant Quarter
06-Feb-2026
Maximum Gap Between Any Two Consecutive Meetings
99
Number Of Directors Present In Meeting Of Board Of Directors
6
Number Of Independent Directors Attending The Meeting
4
Total Number Of Directors As On Date Of The Meeting
7
Entry MeetingBOD3
Dates Of Meeting If Any In The Relevant Quarter
26-Mar-2026
Maximum Gap Between Any Two Consecutive Meetings
47
Number Of Directors Present In Meeting Of Board Of Directors
6
Number Of Independent Directors Attending The Meeting
4
Total Number Of Directors As On Date Of The Meeting
7
Entry MeetingComit1
Dates Of Meeting Of The Committee In The Previous Quarter
29-Oct-2025
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
4
Number Of Independent Director Attending Meeting Of Committee
3
Number Of Member Attending Meeting Of Committee
0
Total Number Of Directors As On Date Of The Meeting
4
Entry MeetingComit2
Dates Of Meeting Of The Committee In The Relevant Quarter
06-Feb-2026
Maximum Gap Between Any Two Consecutive Meetings
99
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
4
Number Of Independent Director Attending Meeting Of Committee
3
Number Of Member Attending Meeting Of Committee
0
Total Number Of Directors As On Date Of The Meeting
4
Entry MeetingComit3
Dates Of Meeting Of The Committee In The Relevant Quarter
18-Mar-2026
Maximum Gap Between Any Two Consecutive Meetings
39
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
4
Number Of Independent Director Attending Meeting Of Committee
3
Number Of Member Attending Meeting Of Committee
0
Total Number Of Directors As On Date Of The Meeting
4
Entry MeetingComit4
Dates Of Meeting Of The Committee In The Relevant Quarter
28-Jan-2026
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
4
Number Of Independent Director Attending Meeting Of Committee
2
Number Of Member Attending Meeting Of Committee
0
Total Number Of Directors As On Date Of The Meeting
4
Entry MeetingComit5
Dates Of Meeting Of The Committee In The Relevant Quarter
28-Jan-2026
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
3
Number Of Independent Director Attending Meeting Of Committee
2
Number Of Member Attending Meeting Of Committee
0
Total Number Of Directors As On Date Of The Meeting
3
Entry MainD
Contact Information Of The Designated Officials Of The Listed Entity Who Are Responsible For Assisting And Handling Investor Grievances
Yes
Disclosure Web Link Of Company At Which Contact Information Of The Designated Officials Of The Listed Entity Who Are Responsible For Assisting And Handling Investor Grievances Is Placed
https://www.everestind.com/investor-relations#Contact-Details
Disclosure Web Link Of Company At Which Email Address For Grievance Redressal And Other Relevant Details Is Placed
https://www.everestind.com/investor-relations#Contact-Details
Email Address For Grievance Redressal And Other Relevant Details
Yes
No Of Investor Complaints Disposed Off During The Period
5
No Of Investor Complaints During The Period
0
No Of Investor Complaints Received During The Period
5
Whether Part B Of Annexure I Of The SEBI Circular Dated31December2024Related To Investor Grievance Redressal Report Is Applicable To The Entity
Yes
Entry MainI
No Of Investor Complaints
0
Entry PY_I
No Of Investor Complaints
0
Composition Of Board Of Directors Of Unlisted Material Subsidiary
Not Applicable
Reason For Part C Of Annexure I Of The SEBI Circular Dated31December2024Related To Disclosure Of Acquisition Of Shares Or Voting Rights In Unlisted Companies Is Not Applicable To The Entity
Everest Buildpro Private Limited, a wholly owned subsidiary of the Company, alloted 1,54,150 partly paid-up Equity Shares of Rs. 10/- each at a premium of Rs. 8,289/- per equity share by way of rights issue to the Company. Rs. 973/- per share amounting to Rs. 14,99,87,950/- was paid on application. However, Percentage of Shareholding before and after above acquisition of the Company was 100% and there was no change in terms of % acquisition and hence, the disclosure of acquisition of shares is not applicable.
Whether Part C Of Annexure I Of The SEBI Circular Dated31December2024Related To Disclosure Of Acquisition Of Shares Or Voting Rights In Unlisted Companies Is Applicable To The Entity
No
Entry I_OngoingTaxLitigationsOrDisputes1
Current Status
The Company has paid the Interest and Penalty amount of Rs. 51,786/- on 19.01.2026.
Date of Initiation
30-May-2025
Opposing Party
The State Goods and Services Tax (SGST) Department, Government of India. Agency/Tribunal: Deputy Commissioner of State Goods and Service Tax, Jabalpur Division, Madhya Pradesh
Status (Previous Disclosure)
Order was passed by Deputy Commissioner of State Tax, Jabalpur on December 29, 2025 wherein erstwhile demand of Rs. 8,26,59,694/- (Tax demand - Rs. 2,58,31,923/-, Interest - Rs. 3,09,95,848/- & Penalty - Rs. 2,58,31,923/-) has been reduced by Rs. 8,26,07,908/- (Tax demand - Rs. 2,58,31,923/-, Interest - Rs. 3,09,94,062/- & Penalty - Rs. 2,57,81,923/-). Hence, there is no tax demand and the Interest of Rs. 1,786/- and Penalty of Rs. 50,000/- as per the order will be paid by the Company.
Entry I_OngoingTaxLitigationsOrDisputes2
Current Status
Appeal has been filed before GST Appeals (GST Appellate Authority) on March 30, 2026 against the order passed by Deputy Commissioner CGST, Ranchi
Date of Initiation
25-Jun-2025
Opposing Party
The Central Goods and Services Tax (GGST) Department, Government of India. Agency/Tribunal: Superintendent of Central Goods and Service Tax, Ranchi, Jharkhand
Status (Previous Disclosure)
Order was passed by Deputy Commissioner CGST, Ranchi on December 31, 2025 wherein Tax demand including interest has been reduced by Rs. 1,45,07,654/- and thus, the tax demand including interest of Rs. 2,11,47,871/- now stands reduced to Rs. 66,40,217/- (Tax demand - Rs. 66,22,498/- & Interest - Rs. 17,719/-) under section 74 & Section 50 of the Central GST Act, 2017 & SGST Act, 2017 and IGST Act, 2017. Further, the penalty of Rs. 2,11,28,933/- has been imposed. The Company is planning to contest the said order for the total demand including interest & penalty of Rs. 2,77,69,150/-.
Entry I_OngoingTaxLitigationsOrDisputes3
Current Status
Appeal has been filed before GST Appeals (GST Appellate Authority) on March 20, 2026 against the order passed by Assistant Commissioner CGST, Roorkee
Date of Initiation
23-Sep-2025
Opposing Party
The Central Goods and Services Tax (CGST) Department, Government of India. Agency/Tribunal: Assistant Commissioner of Central Goods and Service Tax, Roorkee, Uttarakhand
Status (Previous Disclosure)
Request letter for extension to file reply was filed on October 21, 2025 with Assistant Commissioner, CGST Division. The final reply was filed on November 18, 2025. On December 23, 2025, order was passed by CGST, Roorkee wherein Tax demand has been reduced by Rs. 1,23,01,446/- and thus, the tax demand of Rs. 1,73,07,714/- now stands reduced to Rs. 50,06,268/- (IGST Rs. 47,80,402/-, + CGST Rs. 1,12,933/- + SGST Rs. 1,12,933/-) under Section 73(9) of the CGST Act, 2017/ UKGST Act, 2017 read with Section 20 of IGST Act, 2017. Further, penalty of Rs. 5,18,043/- has been imposed and the Company is planning to contest the said order for the tax demand of Rs. 50,06,268/- and penalty
Entry I_OngoingTaxLitigationsOrDisputes4
Current Status
Appeal has been filed before GST Appeals (GST Appellate Authority) on March 27, 2026 against the order passed by Deputy Commissioner SGST, Balasore
Date of Initiation
29-Sep-2025
Opposing Party
The State Goods and Services Tax (CGST) Department, Government of India. Agency/Tribunal: Deputy Commissioner of State Goods and Service Tax, Balasore, Odisha
Status (Previous Disclosure)
Request letter for extension to file reply was filed on October 24, 2025 with Deputy Commissioner of State Tax. Final reply was filed on December 30, 2025. On December 31, 2025, Deputy Commissioner of State Goods and Service Tax, Balasore, Odisha passed order wherein the total demand of Rs. 56,06,00,928/- (includes tax, interest & penalty) now stands reduced to Rs. 69,10,068/- (Tax demand - Rs. 39,13,383/-, Interest - Rs. 26,05,347/- & Penalty - Rs. 3,91,338/-) under section 73 of the Central GST Act, 2017 & SGST Act, 2017 and IGST Act, 2017.The Company is planning to contest the said order for the total demand of Rs. 69,10,068/-.
Entry I_OngoingTaxLitigationsOrDisputes5
Current Status
Appeal has been filed before GST Appeals (GST Appellate Authority) on March 20, 2026 against the order passed by Assistant Commissioner CGST, Roorkee
Date of Initiation
26-Jun-2025
Opposing Party
The Central Goods and Services Tax (CGST) Department, Government of India. Agency/Tribunal: Assistant Commissioner (Anti Evasion) of Central Goods and Service Tax, Commissionerate Dehradun, Uttarakhand.
Status (Previous Disclosure)
On December 23, 2025, the order was passed by CGST, Roorkee wherein the Tax demand has been reduced by Rs. 47,81,459/- and thus, the tax demand of Rs. 63,85,585/- now stands reduced to Rs. 16,04,126/- under Section 74 & Section 122 of CGST / UK GST Act, 2017. Further, the penalty has been reduced by Rs. 25,37,410/- and thus, the Penalty of Rs. 41,41,536/- now stands reduced to Rs. 16,04,126/- under Section 74 & Section 122 of CGST / UK GST Act, 2017.The Company is planning to contest the said order for the tax demand of Rs. 16,04,126/- and penalty of Rs. 16,04,126/-.
Entry I_OngoingTaxLitigationsOrDisputes6
Current Status
The Company has received an order from the Deputy Commissioner of State Goods and Service Tax, Jabalpur, Madhya Pradesh on March 10, 2026. Pursuant to the said order, the Tax demand including interest & penalty has been reduced by Rs. 3,65,16,071/- and thus, the tax demand including interest & penalty of Rs. 3,65,81,446/- now stands reduced to Rs. 65,375/- (Tax demand – Rs. 2,590/-, Interest – Rs. 40,195/- & Penalty - Rs. 22,590/-) under section 74 of the Central GST Act, 2017 & SGST Act, 2017 and IGST Act, 2017. The said demand (including interest and penalty) of Rs. 65,375/- has been paid by the Company on 23.03.2026.
Date of Initiation
30-Sep-2025
Opposing Party
The State Goods and Services Tax (CGST) Department, Government of India Agency/Tribunal: Deputy Commissioner of State Goods and Service Tax, Jabalpur, Madhya Pradesh
Status (Previous Disclosure)
The reply was filed on November 29, 2025 and awaiting for the appropriate order to be passed by the authority.
Entry I_OngoingTaxLitigationsOrDisputes7
Current Status
The reply was filed on February 26, 2026 and awaiting for the appropriate order to be passed by the authority.
Date of Initiation
27-Jan-2026
Opposing Party
The State Goods and Services Tax (CGST) Department, Government of India Agency/Tribunal: Deputy Commissioner of State Goods and Service Tax, Jabalpur, Madhya Pradesh
Status (Previous Disclosure)
The Show Cause Notice raises the following major concerns: a)Excess ITC claimed in GSTR 3B as compared with GSTR 2A /2B. b)Availed ineligible /Blocked ITC. c)Short GST paid under RCM. d)Non-payment of interest. e)Non-payment of GST towards difference between Outward E-way Bill liability and liability as per GSTR 3B f)Non-reversal of ITC towards Retention Money The GST Department has raised objections as stated above by the Company for the financial Year 2022- 23, amounting to Rs. Tax demand Rs. 80,95,982/-, Interest under section 50 Rs. 43,71,829/-, Penalty Rs. 8,09,598/-. Total Rs. 1,32,77,409/-
Entry MainD
Any Other Information For Disclosure Of Updates To Ongoing Tax Litigations Or Disputes Explanatory Text Block
1. Current Status of the litigation/ disputes is reported as on March 31, 2026 2. Only those Ongoing tax litigations/ disputes having updates during the quarter ended March 31, 2026 are reported in this Corporate Governance Report.
Whether Part E Of Annexure I Of The SEBI Circular Dated31December2024Related To Disclosure Of Updates To Ongoing Tax Litigations Or Disputes Is Applicable To The Entity
Yes
Entry I_ImpositionOfFineOrPenalty1
Authority
Chief Judicial Magistrate, Coimbatore
Date Of Receipt Of Direction Or Order Including Any Ad Interim Or Interim Orders Or Any Other Communication From The Authority
06-Mar-2026
Financial / Operational Impact
There is no material impact on financials, operations or other activities of the Company.
Nature And Details Of The Action Taken Or Order Passed
Order was passed by Chief Judicial Magistrate, Coimbatore on 06.03.2026 imposing fine aggregating to Rs. 1,20,000/- (Rs. 40,000/- on factory occupier and Rs. 80,000 on factory manager) for violations under Section 51, Section 54 , Section 59(1), Secion 59(5)(b) rule 78B, Section 62 rule 80, r/w rule 86, Section 112 rule 103, Section 112 rule 103B, Section 83 rule 87 r/w rule 88, Section 112 Rule 103C of the Factories Act, 1948.
Violation Details
Violations under Section 51, Section 54 , Section 59(1), Secion 59(5)(b) rule 78B, Section 62 rule 80, r/w rule 86, Section 112 rule 103, Section 112 rule 103B, Section 83 rule 87 r/w rule 88, Section 112 Rule 103C, all punishable under Section 92 of the Factories Act, 1948.
Entry I_ImpositionOfFineOrPenalty2
Authority
Chief Judicial Magistrate, Haridwar
Date Of Receipt Of Direction Or Order Including Any Ad Interim Or Interim Orders Or Any Other Communication From The Authority
04-Feb-2026
Financial / Operational Impact
There is no material impact on financials, operations or other activities of the Company.
Nature And Details Of The Action Taken Or Order Passed
Orders were passed by Chief Judicial Magistrate, Haridwar on 04.02.2026 imposing fine of Rs. 4,00,000/- (Rs. 2,00,000/- on factory occupier and Rs. 2,00,000/- on factory manager) for violations under Section 49, Section 45(4), Section 62 Rule 78, Rule 67, Rule 102, Section 59 r/w Rule 76 and Rule 103 of the Factories Act, 1948.
Violation Details
Violations under Section 49, Section 45(4), Section 62 Rule 78, Rule 67, Rule 102, Section 59 r/w Rule 76 and Rule 103 of the Factories Act, 1948.
Entry I_ImpositionOfFineOrPenalty3
Authority
Judge, Labor Court No. 1, Bharuch
Date Of Receipt Of Direction Or Order Including Any Ad Interim Or Interim Orders Or Any Other Communication From The Authority
14-Mar-2026
Financial / Operational Impact
There is no material impact on financials, operations or other activities of the Company.
Nature And Details Of The Action Taken Or Order Passed
Order was passed by Judge, Labor Court No. 1, Bharuch on 14.03.2026 imposing fine of Rs. 36,000/- on factory occupier and the Company for violations under Sections 26(D), 26(2), 22, 21(4), 26(4), 26(1), 26(3), 26(5), 19(4) of the Minimum Wages Act, 1948.
Violation Details
Violations under Sections 26(D), 26(2), 22, 21(4), 26(4), 26(1), 26(3), 26(5), 19(4) of the Minimum Wages Act, 1948.
Entry I_ImpositionOfFineOrPenalty4
Authority
Judge, Labor Court No. 1, Bharuch
Date Of Receipt Of Direction Or Order Including Any Ad Interim Or Interim Orders Or Any Other Communication From The Authority
14-Mar-2026
Financial / Operational Impact
There is no material impact on financials, operations or other activities of the Company.
Nature And Details Of The Action Taken Or Order Passed
Order was passed by Judge, Labor Court No. 1, Bharuch on 14.03.2026 imposing fine of Rs. 2,000/- on factory occupier and the Company for violations under Section 74 and Section 18(3) of the Contract Labour (Regulation and Abolition) Act, 1970 and the Contract Labour (Regulation and Abolition) (Gujarat) Act, 1972.
Violation Details
Violations under Section 74 and Section 18(3) of the Contract Labour (Regulation and Abolition) Act, 1970 and the Contract Labour (Regulation and Abolition) (Gujarat) Act, 1972.
Entry I_ImpositionOfFineOrPenalty5
Authority
The State Goods and Services Tax (CGST) Department, Government of India Agency/Tribunal: Deputy Commissioner of State Goods and Service Tax, Jabalpur, Madhya Pradesh
Date Of Receipt Of Direction Or Order Including Any Ad Interim Or Interim Orders Or Any Other Communication From The Authority
10-Mar-2026
Financial / Operational Impact
There is no material impact on financials, operations or other activities of the Company.
Nature And Details Of The Action Taken Or Order Passed
Order was passed by the Deputy Commissioner of State Goods and Service Tax, Jabalpur, Madhya Pradesh on March 10, 2026 imposing demand of Rs. 65,375/- (Tax demand – Rs. 2,590/-, Interest – Rs. 40,195/- & Penalty - Rs. 22,590/-) under section 74 of the Central GST Act, 2017 & SGST Act, 2017 and IGST Act, 2017.
Violation Details
Violations under Section 74 of the Central GST Act, 2017 & SGST Act, 2017 and IGST Act, 2017
Entry MainD
Any Other Information For Disclosure Of Imposition Of Fine Or Penalty Explanatory Text Block
As per SEBI LODR, the disclosure of fine or penalty imposed during the quarter March 31, 2026 which are lower than the monetray threshold limit specified in LODR are reported in this quarterly Corporate Governance Report.
Whether Part D Of Annexure I Of The SEBI Circular Dated31December2024Related To Disclosure Of Imposition Of Fine Or Penalty Is Applicable To The Entity
Yes