Everest Industries Limited has filed its quarterly compliance certificate with stock exchanges for the quarter ended March 31, 2026. The company submitted the mandatory certificate pursuant to Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 on April 8, 2026.

Regulatory Filing Details

The compliance certificate was simultaneously filed with both major Indian stock exchanges where the company's shares are listed. Company Secretary and Compliance Officer Amruta Avasare signed and submitted the documentation on behalf of Everest Industries Limited.

Certificate Confirmation

MCS Share Transfer Agent Limited, acting as the company's Registrar and Share Transfer Agent, issued the compliance certificate. The certificate confirms adherence to regulatory requirements regarding dematerialization of securities during the quarter.

The registrar certified that within 15 days of receipt of securities for dematerialization:

• Securities comprised in the certificates have been listed on stock exchanges where earlier issued securities are listed
• Certificates have been duly verified, mutilated and cancelled after proper verification
• The depository's name has been substituted in records as the registered owner

Regulatory Compliance Framework

This quarterly filing represents part of the ongoing regulatory compliance framework under SEBI regulations. The certificate ensures transparency in the dematerialization process and confirms proper handling of investor securities during the reporting period.

The submission demonstrates the company's commitment to maintaining regulatory compliance and providing necessary documentation to market regulators and investors regarding share transfer and dematerialization activities.

Everest Industries Limited has announced an updated timeline for its land sale transaction at Podanur, informing stock exchanges about a revised phased approach to complete the deal. The company has restructured the transaction into two distinct phases, representing a change from the original single-transaction approach.

Updated Transaction Structure

The land sale will now be executed through a phased methodology, addressing the progress of necessary government approvals required for the transaction. This revised structure allows for better coordination with regulatory timelines while ensuring systematic completion.

Timeline Revision Background

The company had previously communicated to exchanges regarding the estimated sale of land at Podanur with an expected completion date of March 2026. The current update reflects adjustments made based on procedural requirements and approval processes, demonstrating adaptive transaction management.

Regulatory Compliance and Documentation

Everest Industries filed this disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notification ensures proper regulatory compliance for this material development involving the asset divestiture.

Strategic Implementation

The transaction involves G Square Realtors Private Limited as the purchasing entity, with both parties reaching mutual agreement on the phased execution approach. This methodology allows for systematic completion while maintaining compliance with government approval processes and regulatory requirements.

The revised phased structure demonstrates the company's flexible approach in managing significant asset transactions while ensuring adherence to procedural timelines and regulatory frameworks.