Everest (EVERESTIND) — Announcement

📢 Key Event
Everest Industries receives GST show cause notice from CGST department

💡 Investor Takeaway
The notice poses no immediate financial risk but requires legal response preparation.

Everest Industries Limited received a show cause notice from the Central Goods and Service Tax Department on July 24, 2026, regarding alleged ineligible input tax credit claims for FY 2020-21 to 2023-24 amounting to Rs. 1,35,68,692. The company asserts strong legal grounds, expects no material financial impact, and is preparing a response to defend its position before tax authorities.

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About Everest Industries Limited (EVERESTIND)

Construction Materials · Cement - Products · Listed on NSE

Market Cap: ₹685.44 Cr ROE: -0.3% ROCE: 6.0% Div Yield: 0.23%

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🔥 Also filed on 25 July 2026

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

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