EVERESTINDNSEEverest Industries Limited· Other Construction MaterialsHighNeutral
Announced Mon, 2 Jun, 2025 · 17:22 IST

Everest Industries Limited has informed the Exchange regarding Appointment of Mr. Rajesh Gagrani as Chief Financial Officer and designated as Key Managerial Personnel of the company w.e.f. June 2, 2025.

EVERESTIND · price

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

Price reactionminutes from the announcement price · days from the prior close
+0.0%Reaction day
₹485.95
prior close
₹488.70
announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used-0.3%+0.3% vs market
Other Construction Materials peers, median of 17sector-0.6%+0.6% vs sector

On the reaction day the stock moved 0.3 pts more than Nifty Microcap 250 and 0.6 pts more than its Other Construction Materials peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
-0.0
10m
+0.2
15m
+0.1
30m
-1.9
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+0.0-0.3+0.3-0.6+0.6
Next day
-5.3+0.2-5.5+0.1-5.3
2d
-3.4+0.8-4.1-1.4-1.9
3d
-5.3+0.7-6.0-0.1-5.2
4d
-0.6+2.1-2.7-0.0-0.6
5d
+4.3+2.8+1.5+1.7+2.7
1w
+15.0+1.7+13.3+0.8+14.2
15d
+8.6-0.4+8.9-1.8+10.4
1m
+15.9+2.9+13.0+3.2+12.6
2m
+8.0+0.8+7.3+2.0+6.0
3m
+39.4+0.9+38.5-6.0+45.4
UpDownMarket · Nifty Microcap 250Sector · Other Construction Materials peers, median of 17Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Everest Industries has appointed Mr. Rajesh Gagrani as its new Chief Financial Officer and Key Managerial Personnel, effective June 2, 2025. Mr. Gagrani is a Chartered Accountant with over 25 years of leadership experience across manufacturing and project-based industries, including more than a decade as CFO at large Indian and multinational companies. He brings deep expertise in financial controls, treasury, taxation, risk management, and SAP-based systems. The appointment ends the interim CFO arrangement, as Mr. Arpit Kumar Nagori, who held the CFO role on an interim basis since April 1, 2025, steps down from that position and returns to his role as General Manager – Corporate Finance.

Likely market impact

This is a routine governance update that brings a permanent, experienced CFO on board after a brief two-month interim period. For shareholders, the move signals leadership stability, with a strong-profile finance chief taking charge of the company's financial strategy and controls.