Everest Industries Limited (EVERESTIND) — Board Meeting

📢 Key Event
Board of Everest Buildpro withdrew the Rs. 138 crore Assam plant CAPEX and surrendered allocated land.

🔄 What Changed
Withdrawal of the CAPEX plan and land surrender, as the decision alters prior investment plans.

💡 Investor Takeaway
Shareholders face no financial harm from the withdrawn investment.

Everest Industries announced that its subsidiary Everest Buildpro withdrew a planned Rs. 138 crore CAPEX for a new plant in Assam after re-evaluating feasibility, deciding to surrender the allocated land without adverse financial impact.

📄 View Original Announcement (PDF)

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About Everest Industries Limited (EVERESTIND)

Construction Materials · Other Construction Materials · Listed on NSE

Market Cap: ₹602.99 Cr P/E: -104.2

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🔥 Also filed on 3 July 2026

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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