General Updates

August 27, 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 (‘Listing Regulations’) read with Part A of Schedule III and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 and further to our intimation dated August 21, 2026, we would like to inform the exchanges that the Goods & Service Tax Department, Maharashtra (Commissioner of State Tax) have concluded their inspection/ search proceedings on August 26, 2026. The details as required under Listing Regulations read with aforesaid SEBI Master Circular is enclosed herewith as an “Annexure-A”. The above is for your information and record. Thanking you, Yours faithfully, For EVEREST INDUSTRIES LIMITED Amruta Avasare Company Secretary & Compliance Officer Encl.: A/a 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-A Sr. Particulars Details/ Information 1 Name of the authority Commissioner of State Tax, Maharashtra 2 Nature and details of the action(s) The inspection/ search proceedings were taken, initiated or order(s) passed concluded on August 26, 2026 at 8:45 p.m. 3 Date of receipt of direction or order, (IST) and proceeding sheet was issued by including any ad-interim or interim Assistant Commissioner of State Tax, orders, or any other communication Mumbai, wherein certain discrepancies and from the authority contentions were mentioned. 4 Details of the violation(s) /contravention(s) committed or The Company has rectified the said alleged to be committed discrepancies by paying GST for the period FY 2021-22 till date, under protest, which will be available for restitution/restoration. 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 except to the potential extent of compensatory interest of Rs. 46.98 lakhs on the GST paid, some of which is under dispute. 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