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(16/10/2026 12:32)

Everest Industries - Update In Relation To Investment In Everest Buildpro Private Limited, Wholly Owned Subsidiary By Everest

In furtherance to our earlier intimation dated March 27, 2026 and pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (\Listing Regulations\), we would like to inform the exchanges that pursuant to the first and final call notice issued by Everest Buildpro Private Limited (\EBPL\), the Company has paid the first and final call amount of Rs. 1,12,93,02,900/- to EBPL and accordingly, 1,54,150 partly paid-up equity shares of Rs. 10/- each of EBPL held by the Company stands converted into fully paid-up equity shares on October 15, 2026. Prior to and after the aforesaid subscription, the Company shall continue to hold 100% of the equity share capital of EBPL, and accordingly, there shall be no change in the shareholding pattern of the subsidiary. Hence, this disclosure is not mandatorily required.

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