Everest Industries has appointed Mr. Sunder Nilakantan as its Internal Auditor and Chief Risk Officer effective May 26, 2026. The appointment, approved by the Board of Directors following recommendations from the Audit Committee and Risk Management Committee, is for a term of three years. This leadership change strengthens the company's internal audit and risk management functions as it continues to focus on corporate governance and operational controls.

With this appointment, Mr. Niranjan Gokhale has ceased to hold the additional role and position of Internal Auditor and Chief Risk Officer effective May 26, 2026. Mr. Gokhale will continue to hold the position of Head – Strategy. He had been entrusted with the additional responsibilities of Internal Auditor and Chief Risk Officer starting April 8, 2026, until the new appointment.

Mr. Sunder Nilakantan is a Chartered Accountant from the Institute of Chartered Accountants of India and holds a Bachelor of Commerce degree from the University of Bombay. He brings over 35 years of experience in Internal Audit, Finance, Accounts, Treasury, Credit Control, and Corporate Governance across leading Indian and multinational organizations.

Prior to joining Everest Industries, Mr. Sunder was associated with Larsen & Toubro Ltd as Head – Shared Services Center (SSC). His previous roles include senior leadership positions at Crompton Greaves, Ion Exchange India, Shaw Wallace, and Aventis CropScience, where he built expertise in internal audit, finance, treasury management, compliance, SAP implementation, and corporate controls.

Appointment Details

Everest Industries Limited has announced that its board of directors will meet on Tuesday, May 26, 2026. The meeting has been convened pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Agenda for the Meeting

The primary agenda for the upcoming board meeting includes the consideration and approval of the audited financial results of the company. The board will review both the standalone and consolidated financial results for the quarter and year ended March 31, 2026.

Furthermore, the directors will deliberate upon the recommendation of a final dividend on the equity shares of the company for the financial year ended March 31, 2026, if any.

Trading Window Closure

In continuation of a previous intimation dated March 26, 2026, regarding the closure of the trading window, the company has informed stakeholders that the trading window for dealing in the shares of Everest Industries Limited shall remain closed. The closure period is effective from April 1, 2026, to May 28, 2026, inclusive of both dates.

The announcement was made by Amruta Avasare, Company Secretary & Compliance Officer, on May 19, 2026.