5089062025-01-012025-03-315089062025-03-315089062025-01-012025-03-31CompositionOfBoardOfDirectors15089062025-03-31CompositionOfBoardOfDirectors15089062025-01-012025-03-31CompositionOfBoardOfDirectors25089062025-03-31CompositionOfBoardOfDirectors25089062025-01-012025-03-31CompositionOfBoardOfDirectors35089062025-03-31CompositionOfBoardOfDirectors35089062025-01-012025-03-31CompositionOfBoardOfDirectors45089062025-03-31CompositionOfBoardOfDirectors45089062025-01-012025-03-31CompositionOfBoardOfDirectors55089062025-03-31CompositionOfBoardOfDirectors55089062025-01-012025-03-31CompositionOfBoardOfDirectors65089062025-03-31CompositionOfBoardOfDirectors65089062025-01-012025-03-31CompositionOfBoardOfDirectors75089062025-03-31CompositionOfBoardOfDirectors75089062025-01-012025-03-31CompositionOfCommittees145089062025-03-31CompositionOfCommittees145089062025-01-012025-03-31CompositionOfCommittees155089062025-03-31CompositionOfCommittees155089062025-01-012025-03-31CompositionOfCommittees165089062025-03-31CompositionOfCommittees165089062025-01-012025-03-31CompositionOfCommittees175089062025-03-31CompositionOfCommittees175089062025-01-012025-03-31CompositionOfCommittees415089062025-03-31CompositionOfCommittees415089062025-01-012025-03-31CompositionOfCommittees425089062025-03-31CompositionOfCommittees425089062025-01-012025-03-31CompositionOfCommittees435089062025-03-31CompositionOfCommittees435089062025-01-012025-03-31CompositionOfCommittees445089062025-03-31CompositionOfCommittees445089062025-01-012025-03-31CompositionOfCommittees685089062025-03-31CompositionOfCommittees685089062025-01-012025-03-31CompositionOfCommittees695089062025-03-31CompositionOfCommittees695089062025-01-012025-03-31CompositionOfCommittees705089062025-03-31CompositionOfCommittees705089062025-01-012025-03-31CompositionOfCommittees955089062025-03-31CompositionOfCommittees955089062025-01-012025-03-31CompositionOfCommittees965089062025-03-31CompositionOfCommittees965089062025-01-012025-03-31CompositionOfCommittees975089062025-03-31CompositionOfCommittees975089062025-01-012025-03-31CompositionOfCommittees985089062025-03-31CompositionOfCommittees985089062025-01-012025-03-31CompositionOfCommittees1225089062025-03-31CompositionOfCommittees1225089062025-01-012025-03-31CompositionOfCommittees1235089062025-03-31CompositionOfCommittees1235089062025-01-012025-03-31CompositionOfCommittees1245089062025-03-31CompositionOfCommittees1245089062025-01-012025-03-31CompositionOfCommittees1255089062025-03-31CompositionOfCommittees1255089062025-03-31MeetingOfBoardOfDirectors15089062025-01-012025-03-31MeetingOfBoardOfDirectors15089062025-03-31MeetingOfBoardOfDirectors25089062025-01-012025-03-31MeetingOfBoardOfDirectors25089062025-01-012025-03-31MeetingOfCommittees15089062025-03-31MeetingOfCommittees15089062025-01-012025-03-31MeetingOfCommittees25089062025-03-31MeetingOfCommittees25089062025-01-012025-03-31MeetingOfCommittees35089062025-03-31MeetingOfCommittees35089062025-01-012025-03-31MeetingOfCommittees45089062025-03-31MeetingOfCommittees45089062024-12-315089062025-03-31ImpositionOfFineOrPenaltyDomain15089062025-03-31ImpositionOfFineOrPenaltyDomain25089062025-03-31ImpositionOfFineOrPenaltyDomain35089062025-03-31ImpositionOfFineOrPenaltyDomain45089062025-03-31ImpositionOfFineOrPenaltyDomain55089062025-03-31ImpositionOfFineOrPenaltyDomain6iso4217:INRxbrli:pure508906EVERESTINDNOTLISTEDINE295A01018Everest Industries Limited2024-04-012025-03-31Yearly2025-03-31EquitytruetruefalseThere is no acquisition of shares or voting rights in unlisted companies during the quarter ended March 31, 2025 in terms of sub-para I of para A of Part A of Schedule III of LODR.truefalseThere are no updates on tax litigation and disputes in terms of sub-para 8 of para B of Part A of Schedule III of LODR during the quarter ended March 31, 2025.truetrueTop 2000 listed entitiestruee00130OriginalNumbers 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.truefalseMrAnant Jaivant Talaulicar00031051Non-Executive - Independent DirectorChairperson1961-07-11falseActiveNA2019-11-212024-11-21645472MsPadmini SekhsariaAALPS0212R00046486Non-Executive - Non Independent DirectorNot Applicable1975-09-06falseActiveNA2019-02-262019-02-261000MrRajendra Prabhakar Chitale00015986Non-Executive - Independent DirectorNot Applicable1961-04-10falseActiveNA2019-01-232024-01-23742222MrAlok Mahinder NandaAAAPN3437C02149755Non-Executive - Independent DirectorNot Applicable1960-07-14falseActiveNA2019-01-232024-01-23741111MrAshok Kumar Barat00492930Non-Executive - Independent DirectorNot Applicable1956-12-05falseActiveNA2024-03-192024-03-1912.137785MsBijal AjinkyaAFBPS3981G01976832Non-Executive - Independent DirectorNot Applicable1976-07-22falseActiveNA2024-03-192024-03-1912.134450MrRajesh Joshi08855031Executive DirectorNot ApplicableCEO-MD1970-01-22falseActiveNA2020-09-012023-09-011020The CSR Committee of the Company was re-constituted w.e.f. February 4, 2025 by appointing Mr. Anant Talalulicar, Independent Director as Chairman and Ms. Padmini Sekhsaria, existing Chairperson of CSR Committee will continue as member of the CSR Committee. Before re-constitution of CSR Committee i.e. till 3rd February 2025, Mr. Anant Talaulicar was Member of the Committe and Ms. Padmini Sekhsaria was Chairperson of the Committee. truetruetruetrueAudit Committee00015986Rajendra Prabhakar ChitaleNon-Executive - Independent DirectorChairperson2019-04-10Audit Committee00031051Anant Jaivant TalaulicarNon-Executive - Independent DirectorMember2019-12-06Audit Committee00492930Ashok Kumar BaratNon-Executive - Independent DirectorMember2024-04-01Audit Committee08855031Rajesh JoshiExecutive DirectorMember2024-10-01Nomination and remuneration committee00492930Ashok Kumar BaratNon-Executive - Independent DirectorChairperson2024-04-01Nomination and remuneration committee00046486Padmini SekhsariaNon-Executive - Non Independent DirectorMember2019-04-10Nomination and remuneration committee00031051Anant Jaivant TalaulicarNon-Executive - Independent DirectorMember2019-12-06Nomination and remuneration committee01976832Bijal AjinkyaNon-Executive - Independent DirectorMember2024-10-01Stakeholders Relationship Committee02149755Alok Mahinder NandaNon-Executive - Independent DirectorChairperson2024-10-01Stakeholders Relationship Committee00031051Anant Jaivant TalaulicarNon-Executive - Independent DirectorMember2024-04-01Stakeholders Relationship Committee08855031Rajesh JoshiExecutive DirectorMember2020-09-01Risk Management Committee00492930Ashok Kumar BaratNon-Executive - Independent DirectorChairperson2024-04-01Risk Management Committee00015986Rajendra Prabhakar ChitaleNon-Executive - Independent DirectorMember2021-05-28Risk Management Committee00031051Anant Jaivant TalaulicarNon-Executive - Independent DirectorMember2021-05-28Risk Management Committee08855031Rajesh JoshiExecutive DirectorMember2021-05-28Corporate Social Responsibility Committee00031051Anant Jaivant TalaulicarNon-Executive - Independent DirectorChairperson2021-05-28Corporate Social Responsibility Committee00046486Padmini SekhsariaNon-Executive - Non Independent DirectorMember2019-04-10Corporate Social Responsibility Committee02149755Alok Mahinder NandaNon-Executive - Independent DirectorMember2019-02-28Corporate Social Responsibility Committee08855031Rajesh JoshiExecutive DirectorMember2020-09-012024-11-05true7752025-02-0490true775Audit Committee2024-11-05true4430Audit Committee2025-02-0490true4430Corporate Social Responsibility Committee2025-02-03true4420Stakeholders Relationship Committee2025-02-03true3320truetruetruetrueYestruetruetrueAmruta AvasareCompany Secretary and Compliance OfficerYeshttps://www.everestind.com/Yeshttps://www.everestind.com/public/pdfs/Memorandum_of_Association_and_Articles_of_Association.pdfYeshttps://www.everestind.com/public/pdfs/BriefprofileofBOD_includingandfulltimepositionsinbody_corporates.pdfYeshttps://www.everestind.com/public/pdfs/Terms-and-conditions-of-appointment.pdfYeshttps://www.everestind.com/investor-relations#Board-of-DirectorsYeshttps://www.everestind.com/public/pdfs/Code-of-conduct.pdfYeshttps://www.everestind.com/public/pdfs/Details_of_Vigil_Mechanism_Whistle_Blower_Policy.pdfYeshttps://www.everestind.com/public/storage/codes-and-policies/March2023/N7nzr36NprIf7mWK9efy.pdfYeshttps://www.everestind.com/public/pdfs/Policy-Related-Party-Transactions.pdfYeshttps://www.everestind.com/public/pdfs/Material-Subsidiary-Policy.pdfYeshttps://www.everestind.com/investor-relations/familiarization-programmesYeshttps://www.everestind.com/investor-relations#Contact-DetailsYeshttps://www.everestind.com/investor-relations#Contact-DetailsYeshttps://www.everestind.com/investor-relations/quarterly-financial-resultsYeshttps://www.everestind.com/investor-relations/shareholding-patternNAYeshttps://www.everestind.com/investor-relations/investor-analyst-1NANAYeshttps://www.everestind.com/investor-relations/newspaper-advertisementYeshttps://www.everestind.com/public/pdfs/Details-of-Credit-Rating_L.pdfYeshttps://www.everestind.com/investor-relations/subsidiaries-financial-statementsYeshttps://www.everestind.com/investor-relations/secretarial-compliance-reportYeshttps://www.everestind.com/public/pdfs/Policy-on-Determination-Materiality.pdfYeshttps://www.everestind.com/public/storage/regulation30-information/January2025/ZySUHH1xJYZgQ83C6oM8.pdfYeshttps://www.everestind.com/investor-relations/regulation-30-informationNAYeshttps://www.everestind.com/public/pdfs/Dividend-Distribution-Policy-aug21.pdfYeshttps://www.everestind.com/investor-relations/annual-returnsYeshttps://www.everestind.com/public/storage/shareholders-information/July2024/XwUxX7G94iAq8NFIK2Sc.pdfYeshttps://www.everestind.com/investor-relations/regulation-46-informationYeshttps://www.everestind.com/investor-relations/regulation-46-informationYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesNAYesNAYesYesYesYesYesYesYesYesNAYesYesYesNAYesMr. Pramod Nair ceased to be Chief Financial Officer (CFO) and Key Managerial Personnel of the Company w.e.f January 10, 2025 and Mr. Arpit Kumar Nagori was appointed as Interim Chief Financial Officer and Key Managerial Personnel of the Company w.e.f. April 1, 2025 till a new CFO is appointed by the Board. Thus, the vacancy in the position of CFO (KMP) has been filled up within the prescribed timelines of 3 months from the date of vacancy.Amruta AvasareCompany Secretary and Compliance OfficerYesThe Company does not have any material subsidiary during FY 2024-25.Amruta AvasareCompany Secretary and Compliance OfficerfalseAmruta AvasareCompany Secretary and Compliance OfficerMumbai2025-04-3003300As per LODR, the disclosure of fine or penalty imposed during the quarter March 31, 2025 which are lower than the monetray threshold limit specified in LODR are reported in this quarterly Corporate Governance Report.Labor Court, BharuchOrder was passed to pay fine of Rs. 2,000/- for violation of Rule 24(3) of the Minimum Wages Act, 19482025-03-08Violation of Rule 24(3) of the Minimum Wages Act, 1948 in relation to Dahej plant.There is no material impact on financial, operation or other activites of the Company.Labor Court, BharuchOrder was passed to pay fine of Rs. 6,000/- for violation of Rule-26(d), Rule-26(2), Rule-22 of the Minimum Wages Act, 19482025-03-08Violation of Rule-26(d), Rule-26(2), Rule-22 of the Minimum Wages Act, 1948 in relation to Dahej plant.There is no material impact on financial, operation or other activites of the Company.Labor Court, BharuchOrder was passed to pay fine of Rs. 4,000/- for violation of Rule-21(4), Rule-26(3), Rule-25(2) of the Minimum Wages Act, 19482025-03-08Violation of Rule-21(4), Rule-26(3), Rule-25(2) of the Minimum Wages Act, 1948 in relation to Dahej plantThere is no material impact on financial, operation or other activites of the Company.Labor Court, BharuchOrder was passed to pay fine of Rs. 4,000/- for violation of Rule-74, Rule-21(4) of the Minimum Wages Act, 19482025-03-08Violation of rule-74, rule-21(4) of the Minimum Wages Act, 1948 in relation to Dahej plant.There is no material impact on financial, operation or other activites of the Company.Deputy State Tax Officer/RS - Intelligence - II, ChennaiImposition of penalty of Rs. 50,000/- towards detention of vehicle at Chennai, Tamil Nadu for MOV dated 24.02.20252025-02-24While prepring E Way bill outward type was to be selected as Delivery Challan and whereas we selected as Outward Supply. Material was sent for Job work purpose (repairs). thereafter truck was detained under provisions of section 68(3) of CGST Act. Penalty imposed under section 123 of CGST ActThere is no material impact on financial, operation or other activites of the Company.Deputy Commissioner of State Tax. Ambad, NashikOrder was passed under Section 73(9) of CGST and MGST Act. Penalty was imposed of Rs. 1,03,041/- for excess ITC claimed.2025-02-24Excess ITC Claimed and penalty levied under section 73(9) of CGST Act and MGST Act. Penalty imposed equivalent to 10% of Tax demand.There is no material impact on financial, operation or other activites of the Company.00000000000000000000000000000000All 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.trueThe 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.Rajesh JoshiCEOMumbai2025-04-30