General Updates

July 3, 2026 1. National Stock Exchange of India Limited 2. BSE Limited Exchange Plaza Phiroze Jeejeebhoy Towers Plot No. C/1, G Block Dalal Street, Mumbai – 400 001. Bandra – Kurla Complex Scrip Code: 508906 Bandra (E), Mumbai – 400 051 Scrip Code: EVERESTIND Sub.: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – CAPEX Withdrawal pertaining to proposed set-up of plant at R. Ananthpuram, Andhra Pradesh Dear Sir/Madam, We refer to our intimation dated February 21, 2023 about the approval by the Board of Directors of Everest Steel Building Private Limited (“ESBPL”), a wholly owned subsidiary of the Company for a CAPEX of Rs. 125 Crores for setting up a new manufacturing facility for Pre Engineered Steel Buildings (PEB) at Andhra Pradesh and our last intimation dated April 1, 2026 regarding the proposed set-up. ESBPL had invested Rs. 2.91 crores towards the land at Ananthpuram, Andhra Pradesh from Andhra Pradesh Industrial Infrastructure Corporation Limited (APIIC). The Board of Directors of the ESBPL at its meeting held today i.e on 3rd July 2026, re-assessed the feasibility of the aforesaid CAPEX investment plan and in view of business considerations, decided to withdraw the CAPEX including surrender the allocated land back to APIIC. This decision will not adversely impact the financials. Kindly take the same on record. Yours faithfully, For Everest Industries Limited Amruta Avasare Company Secretary & Compliance Officer Membership No.: A18844 Everest Industries Limited Registered Office: GAT No. 152, Lakhmapur, Everest Industries Limited Level 3, Tower 14, Solitaire Corporate Park, Chakala Taluka Dindori, Nashik-422 202, Maharashtra Andheri (E), Mumbai - 400093, India T +91 2557 250375 / 462 | F +91 2557 250376 Board No - 02269772000 Corporate IdentityNoL74999MH1934PLC002093