Everest Industries promoter holding stands at 50.22% in Q4FY26

1 min read     Updated on 30 Jun 2026, 04:00 AM
scanx
Reviewed by
Shriram SScanX News Team
AI Summary

Falak Investment Pvt Ltd, promoter of Everest Industries Ltd, holds 79,63,544 equity shares or 50.22% of the total equity share capital as on March 31, 2026. The company confirmed no encumbrance was created on these shares during FY26. The disclosure was made to NSE under SEBI takeover regulations.

powered bylight_fuzz_icon
44317791

*this image is generated using AI for illustrative purposes only.

Falak Investment Pvt Ltd, the promoter of Everest Industries Ltd , disclosed that its shareholding in the company stood at 50.22% as on March 31, 2026. The declaration was submitted to the National Stock Exchange of India under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The promoter entity stated that it holds 79,63,544 equity shares of ₹10 each. This stake constitutes over half of the company's total equity share capital. The disclosure confirms the promoter's significant control over the firm at the end of the financial year.

Shareholding Details

The filing provided specific details regarding the promoter's shareholding and the status of these shares for the financial year 2025-26.

Parameter Details
Promoter Name Falak Investment Pvt Ltd
Shares Held 79,63,544
Face Value ₹10
Percentage Holding 50.22%
Date of Status March 31, 2026

Encumbrance Status

Falak Investment Pvt Ltd confirmed that it has not created any encumbrance on the shares held by it, directly or indirectly, during the financial year 2025-26. This status holds true as on March 31, 2026, ensuring that the shares are free from charges or liens. The disclosure was signed by Bharat Khator, Director of Falak Investment Pvt Ltd.

Historical Stock Returns for Everest Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-2.16%+6.53%+29.77%-6.87%-14.33%+31.44%

Does Falak Investment plan to maintain this 50.22% stake, or are there intentions to increase or reduce shareholding in the near future?

How will the promoter's majority control influence Everest Industries' strategic decisions and capital allocation in the coming fiscal year?

Could the unencumbered status of the shares facilitate future fundraising or pledging activities to support corporate expansion?

Everest Industries accepts resignation of CHRO Vaibhav Garg effective July 31

0 min read     Updated on 20 Jun 2026, 12:05 AM
scanx
Reviewed by
Ashish TScanX News Team
AI Summary

Everest Industries Limited has accepted the resignation of Chief Human Resources Officer Vaibhav Garg, effective July 31, 2026, as he pursues external opportunities. The disclosure was made to the exchanges on June 19, 2026, under Regulation 30 of the SEBI LODR Regulations.

powered bylight_fuzz_icon
43427851

*this image is generated using AI for illustrative purposes only.

Everest Industries Limited has accepted the resignation of Mr. Vaibhav Garg from the position of Chief Human Resources Officer (CHRO). The resignation is effective from the closing hours of July 31, 2026, as the executive seeks to pursue career opportunities outside the organization.

The disclosure was submitted to the stock exchanges on June 19, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company cited the receipt of a formal resignation email from Mr. Garg as the basis for the announcement.

Management Transition Details

The departure of the CHRO marks a change in the senior management personnel of Everest Industries . The company has acknowledged the communication and requested the exchanges to take the same on record.

Detail Information
Resigning Official Vaibhav Garg
Position Chief Human Resources Officer (CHRO)
Effective Date July 31, 2026
Reason Pursuing career opportunities outside the Company

The filing was signed by Amruta Avasare, Company Secretary & Compliance Officer of Everest Industries Limited.

Historical Stock Returns for Everest Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-2.16%+6.53%+29.77%-6.87%-14.33%+31.44%

Who will Everest Industries appoint as the successor to lead the HR function during this transition?

How will the extended notice period impact the company's ongoing talent retention and acquisition strategies?

Could this departure signal potential broader restructuring within Everest Industries' senior management team?

More News on Everest Industries

Must Read Next

Earnings

Corporate Actions

Stocks

1 Year Returns:-14.33%