5089062026-01-012026-03-315089062026-03-315089062026-01-012026-03-31CompositionOfBoardOfDirectors15089062026-03-31CompositionOfBoardOfDirectors15089062026-01-012026-03-31CompositionOfBoardOfDirectors25089062026-03-31CompositionOfBoardOfDirectors25089062026-01-012026-03-31CompositionOfBoardOfDirectors35089062026-03-31CompositionOfBoardOfDirectors35089062026-01-012026-03-31CompositionOfBoardOfDirectors45089062026-03-31CompositionOfBoardOfDirectors45089062026-01-012026-03-31CompositionOfBoardOfDirectors55089062026-03-31CompositionOfBoardOfDirectors55089062026-01-012026-03-31CompositionOfBoardOfDirectors65089062026-03-31CompositionOfBoardOfDirectors65089062026-01-012026-03-31CompositionOfBoardOfDirectors75089062026-03-31CompositionOfBoardOfDirectors75089062026-01-012026-03-31CompositionOfCommittees145089062026-03-31CompositionOfCommittees145089062026-01-012026-03-31CompositionOfCommittees155089062026-03-31CompositionOfCommittees155089062026-01-012026-03-31CompositionOfCommittees165089062026-03-31CompositionOfCommittees165089062026-01-012026-03-31CompositionOfCommittees175089062026-03-31CompositionOfCommittees175089062026-01-012026-03-31CompositionOfCommittees415089062026-03-31CompositionOfCommittees415089062026-01-012026-03-31CompositionOfCommittees425089062026-03-31CompositionOfCommittees425089062026-01-012026-03-31CompositionOfCommittees435089062026-03-31CompositionOfCommittees435089062026-01-012026-03-31CompositionOfCommittees445089062026-03-31CompositionOfCommittees445089062026-01-012026-03-31CompositionOfCommittees685089062026-03-31CompositionOfCommittees685089062026-01-012026-03-31CompositionOfCommittees695089062026-03-31CompositionOfCommittees695089062026-01-012026-03-31CompositionOfCommittees705089062026-03-31CompositionOfCommittees705089062026-01-012026-03-31CompositionOfCommittees955089062026-03-31CompositionOfCommittees955089062026-01-012026-03-31CompositionOfCommittees965089062026-03-31CompositionOfCommittees965089062026-01-012026-03-31CompositionOfCommittees975089062026-03-31CompositionOfCommittees975089062026-01-012026-03-31CompositionOfCommittees985089062026-03-31CompositionOfCommittees985089062026-01-012026-03-31CompositionOfCommittees1225089062026-03-31CompositionOfCommittees1225089062026-01-012026-03-31CompositionOfCommittees1235089062026-03-31CompositionOfCommittees1235089062026-01-012026-03-31CompositionOfCommittees1245089062026-03-31CompositionOfCommittees1245089062026-01-012026-03-31CompositionOfCommittees1255089062026-03-31CompositionOfCommittees1255089062026-03-31MeetingOfBoardOfDirectors15089062026-01-012026-03-31MeetingOfBoardOfDirectors15089062026-03-31MeetingOfBoardOfDirectors25089062026-01-012026-03-31MeetingOfBoardOfDirectors25089062026-03-31MeetingOfBoardOfDirectors35089062026-01-012026-03-31MeetingOfBoardOfDirectors35089062026-01-012026-03-31MeetingOfCommittees15089062026-03-31MeetingOfCommittees15089062026-01-012026-03-31MeetingOfCommittees25089062026-03-31MeetingOfCommittees25089062026-01-012026-03-31MeetingOfCommittees35089062026-03-31MeetingOfCommittees35089062026-01-012026-03-31MeetingOfCommittees45089062026-03-31MeetingOfCommittees45089062026-01-012026-03-31MeetingOfCommittees55089062026-03-31MeetingOfCommittees55089062025-12-315089062026-03-31ImpositionOfFineOrPenaltyDomain15089062026-03-31ImpositionOfFineOrPenaltyDomain25089062026-03-31ImpositionOfFineOrPenaltyDomain35089062026-03-31ImpositionOfFineOrPenaltyDomain45089062026-03-31ImpositionOfFineOrPenaltyDomain55089062026-03-31OngoingTaxLitigationsOrDisputesDomain15089062026-03-31OngoingTaxLitigationsOrDisputesDomain25089062026-03-31OngoingTaxLitigationsOrDisputesDomain35089062026-03-31OngoingTaxLitigationsOrDisputesDomain45089062026-03-31OngoingTaxLitigationsOrDisputesDomain55089062026-03-31OngoingTaxLitigationsOrDisputesDomain65089062026-03-31OngoingTaxLitigationsOrDisputesDomain7iso4217:INRxbrli:pure508906EVERESTINDNOTLISTEDINE295A01018Everest Industries Limited2025-04-012026-03-31Yearly2026-03-31EquitytruetruefalseEverest 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. truetruetruetrueTop 2000 listed entitiestrue e00130OriginalNumbers 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 Talaulicar******00031051Non-Executive - Independent DirectorChairperson1961-07-11falseActiveNA2019-11-212024-11-21765491MsPadmini Sekhsaria******00046486Non-Executive - Non Independent DirectorNot Applicable1975-09-06falseActiveNA2019-02-262019-02-261000MrRajendra Prabhakar Chitale******00015986Non-Executive - Independent DirectorNot Applicable1961-04-10falseActiveNA2019-01-232024-01-23863322MrAlok Mahinder Nanda******02149755Non-Executive - Independent DirectorNot Applicable1960-07-14falseActiveNA2019-01-232024-01-23861111MrAshok Kumar Barat******00492930Non-Executive - Independent DirectorNot Applicable1956-12-05falseActiveNA2024-03-192024-03-1924.137785MsBijal Ajinkya******01976832Non-Executive - Independent DirectorNot Applicable1976-07-22falseActiveNA2024-03-192024-03-1924.134461MrHemant Khurana******08652827Executive DirectorNot ApplicableCEO-MD1972-01-04falseActiveNA2025-09-131020The 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.truetruetruetruetrueAudit Committee00015986Rajendra Prabhakar ChitaleNon-Executive - Independent DirectorChairperson2019-04-10Audit Committee00031051Anant Jaivant TalaulicarNon-Executive - Independent DirectorMember2019-12-06Audit Committee00492930Ashok Kumar BaratNon-Executive - Independent DirectorMember2024-04-01Audit Committee08652827Hemant KhuranaExecutive DirectorMember2025-09-13Nomination and remuneration committee00492930 Ashok Kumar BaratNon-Executive - Independent DirectorChairperson2024-04-01Nomination and remuneration committee00046486 Padmini SekhsariaNon-Executive - Non Independent DirectorMember2019-04-10Nomination and remuneration committee00031051Anant Jaivant TalaulicarNon-Executive - Independent DirectorMember2019-12-06Nomination and remuneration committee01976832 Bijal 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 Committee08652827Hemant KhuranaExecutive DirectorMember2025-09-13Risk Management Committee00492930Ashok Kumar Barat Non-Executive - Independent DirectorChairperson2024-04-01Risk Management Committee00015986Rajendra Prabhakar ChitaleNon-Executive - Independent DirectorMember2021-05-28Risk Management Committee00031051Anant Jaivant TalaulicarNon-Executive - Independent DirectorMember2021-05-28Risk Management Committee08652827Hemant KhuranaExecutive DirectorMember2025-09-13Corporate 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 Committee08652827Hemant KhuranaExecutive DirectorMember2025-09-132025-10-29true7752026-02-0699true7642026-03-2647true764Audit Committee2025-10-29true4430Audit Committee2026-02-0699true4430Audit Committee2026-03-1839true4430Corporate Social Responsibility Committee2026-01-28true4420Stakeholders Relationship Committee2026-01-28true3320truetruetruetrueYestruetruetrue Amruta 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/Briefprofileofboardofdirectorsincludingdirectorshipinbodiescorporate_L.pdfYeshttps://www.everestind.com/public/pdfs/Terms-and-conditions-of-appointment.pdfYeshttps://www.everestind.com/investor-relations#Board-of-DirectorsYeshttps://www.everestind.com/public/storage/codes-and-policies/January2023/KIEl8gKrszPyoWbcyVzR.pdfYeshttps://www.everestind.com/public/storage/codes-and-policies/February2025/y5d2EkGekGs8EmVOnUHK.pdfYeshttps://www.everestind.com/public/storage/codes-and-policies/March2023/N7nzr36NprIf7mWK9efy.pdfYeshttps://www.everestind.com/public/storage/codes-and-policies/April2026/VKJcLbUVXYdxujvf93qp.pdfYeshttps://www.everestind.com/public/storage/codes-and-policies/February2026/UpLaJNF36Tj30vhZPLQz.pdfYeshttps://www.everestind.com/public/storage/familiarization-programmes/April2026/ao8dKWy3bnVYfrCecgQ5.pdfYeshttps://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-patternNANANANAYeshttps://www.everestind.com/investor-relations/newspaper-advertisementYeshttps://www.everestind.com/public/pdfs/Creditratingorrevisionincreditratingobtained.pdfYeshttps://www.everestind.com/investor-relations/subsidiaries-financial-statementsYeshttps://www.everestind.com/investor-relations/secretarial-compliance-reportYeshttps://www.everestind.com/public/storage/codes-and-policies/April2026/PPAu0mkkoeVXb04837eP.pdfYeshttps://www.everestind.com/public/storage/regulation30-information/September2025/i57ZsjhyItvxEr3UOzGB.pdfYeshttps://www.everestind.com/investor-relations/regulation-46-informationNAYeshttps://www.everestind.com/public/storage/codes-and-policies/November2022/T6v1LE6DlXqnmbsURXOs.pdfYeshttps://www.everestind.com/investor-relations/annual-returnsYeshttps://www.everestind.com/public/storage/shareholders-information/August2025/cvs744iGynCKO1v7yGSa.pdfYeshttps://www.everestind.com/investor-relations/regulation-46-informationYeshttps://www.everestind.com/investor-relations/regulation-46-informationYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesNAYesNAYesNAYesNAYesYesYesYesNAYesYesYesNAYesThe fields marked as ' NA' are Not Applicable for the FY 2025-26.Amruta AvasareCompany Secretary and Compliance OfficerYesThe Company does not have any material subsidiary during FY 2025-26.Amruta AvasareCompany Secretary and Compliance OfficerfalseAmruta AvasareCompany Secretary and Compliance OfficerMumbai2026-04-2805500As 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.Chief Judicial Magistrate, CoimbatoreOrder 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, 1948.2026-03-06Violations 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.There is no material impact on financials, operations or other activities of the Company.Chief Judicial Magistrate, HaridwarOrders 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, 1948.2026-02-04Violations 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.There is no material impact on financials, operations or other activities of the Company.Judge, Labor Court No. 1, BharuchOrder 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, 1948.2026-03-14Violations 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.There is no material impact on financials, operations or other activities of the Company.Judge, Labor Court No. 1, BharuchOrder 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, 1972.2026-03-14Violations 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.There is no material impact on financials, operations or other activities of the Company.The State Goods and Services Tax (CGST) Department, Government of India Agency/Tribunal: Deputy Commissioner of State Goods and Service Tax, Jabalpur, Madhya PradeshOrder 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, 2017.2026-03-10Violations under Section 74 of the Central GST Act, 2017 & SGST Act, 2017 and IGST Act, 2017There is no material impact on financials, operations or other activities of the Company.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.The State Goods and Services Tax (SGST) Department, Government of India. Agency/Tribunal: Deputy Commissioner of State Goods and Service Tax, Jabalpur Division, Madhya Pradesh2025-05-30Order 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.The Company has paid the Interest and Penalty amount of Rs. 51,786/- on 19.01.2026.The Central Goods and Services Tax (GGST) Department, Government of India. Agency/Tribunal: Superintendent of Central Goods and Service Tax, Ranchi, Jharkhand2025-06-25Order 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/-.Appeal has been filed before GST Appeals (GST Appellate Authority) on March 30, 2026 against the order passed by Deputy Commissioner CGST, RanchiThe Central Goods and Services Tax (CGST) Department, Government of India. Agency/Tribunal: Assistant Commissioner of Central Goods and Service Tax, Roorkee, Uttarakhand2025-09-23Request 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 penaltyAppeal has been filed before GST Appeals (GST Appellate Authority) on March 20, 2026 against the order passed by Assistant Commissioner CGST, RoorkeeThe State Goods and Services Tax (CGST) Department, Government of India. Agency/Tribunal: Deputy Commissioner of State Goods and Service Tax, Balasore, Odisha2025-09-29Request 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/-.Appeal has been filed before GST Appeals (GST Appellate Authority) on March 27, 2026 against the order passed by Deputy Commissioner SGST, Balasore 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.2025-06-26On 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/-.Appeal has been filed before GST Appeals (GST Appellate Authority) on March 20, 2026 against the order passed by Assistant Commissioner CGST, RoorkeeThe State Goods and Services Tax (CGST) Department, Government of India Agency/Tribunal: Deputy Commissioner of State Goods and Service Tax, Jabalpur, Madhya Pradesh2025-09-30The reply was filed on November 29, 2025 and awaiting for the appropriate order to be passed by the authority.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.The State Goods and Services Tax (CGST) Department, Government of India Agency/Tribunal: Deputy Commissioner of State Goods and Service Tax, Jabalpur, Madhya Pradesh2026-01-27The 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/-The reply was filed on February 26, 2026 and awaiting for the appropriate order to be passed by the authority.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 GagraniCFOMumbai2026-04-28