EVERESTINDNSEEverest Industries Limited· Cement And Cement ProductsLowNeutral
Announced Mon, 19 May · 22:24 IST

Appointment of Secretarial Auditors of the Company

EVERESTIND · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

The Board of Directors of Everest Industries, at its meeting held on May 19, 2025, approved the appointment of M/s. Parikh & Associates, Practising Company Secretaries, as the company's Secretarial Auditors. The appointment is for a first term of five consecutive years, covering FY 2025-26 through FY 2029-30, and is subject to shareholder approval at the upcoming Annual General Meeting. M/s. Parikh & Associates is a Mumbai-based firm founded in 1987, with a team of 35 members including 10 partners, and is Peer Reviewed by the Institute of Company Secretaries of India. The firm has experience serving prominent companies across banking, manufacturing, pharmaceuticals, and public utilities sectors.

Likely market impact

This is a routine corporate governance compliance filing with no material impact on the stock price or business operations. It reflects standard regulatory practice of appointing qualified professionals to audit secretarial and compliance matters.