General Updates

August 21, 2026 1. National Stock Exchange of India 2. BSE Limited Limited Phiroze Jeejeebhoy Towers Exchange Plaza Dalal Street, Mumbai – 400 001. Plot No. C/1, G Block Scrip Code: 508906 Bandra – Kurla Complex Bandra (E), Mumbai – 400 051 Scrip Code: EVERESTIND Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations’), we inform you that inspection/search proceeding was initiated at the Company’s Corporate Office in Mumbai and manufacturing unit situated in the State of Maharashtra on Thursday, August 20, 2026 under Section 67 of the Maharashtra Goods and Services Tax Act, 2017. The Company officials were shown a letter for authorization for inspection/search by the Maharashtra State GST officials. The inspection/search proceeding is underway and the Company is extending full co-operation and assistance to the Maharashtra State GST officials. At present, there is no material impact on the financials, business operations or any other activities of the Company due to the aforesaid inspection/search proceedings. The details of the above as required under Clause 19 of Para A of Part A of Schedule Ill of the SEBI Listing Regulations read with SEBI Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026 are provided in Annexure attached herewith. The above is for your information and record. Thanking you, Yours faithfully, For EVEREST INDUSTRIES LIMITED Amruta Avasare Company Secretary & Compliance Officer Encl.: As above 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 Identity No. L74999MH1934PLC002093 Annexure Disclosure under Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 are as follows: Sr. Particulars Details/Information 1 Name of the authority Commissioner of State Tax, Maharashtra 2 Nature and details of the action(s) Inspection/search proceeding was initiated taken, initiated or order(s) passed u/s 67 of the Maharashtra Goods and Services Tax Act, 2017 at the Company’s Corporate Office in Mumbai and manufacturing unit situated in the State of Maharashtra 3 Date of receipt of direction or order, Authorisation letter for Inspection/Search including any ad-interim or interim was shown to the Company’s officials by the orders, or any other communication Maharashtra State GST Officials on Thursday, from the authority August 20, 2026 at 12.00 Noon. 4 Details of the violation(s) No communication is made in this regard yet. /contravention(s) committed or alleged to be committed 5 Impact on financials, operation or At present, there is no material impact on the other activities of the listed entity, financials, business operations or any other quantifiable in monetary terms to activities of the Company due to the aforesaid the extent possible Inspection/Search proceedings. 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 Identity No. L74999MH1934PLC002093