Everest Industries Limited has informed the Exchange regarding Cessation of Mr. Arpit Kumar Nagori as Interim Chief Financial Officer and designated as Key Managerial Personnel of the company w.e.f. June 2, 2025. Mr. Arpit Kumar Nagori will continue in his role as General Manager Corporate Finance of the Company.
EVERESTIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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.
Minute windows have no benchmark: there is no intraday index history to compare against.
Everest Industries has appointed Mr. Rajesh Gagrani as its new Chief Financial Officer (CFO) and Key Managerial Personnel, effective June 2, 2025. Mr. Gagrani is a Chartered Accountant with over 25 years of leadership experience in finance, having served as CFO and Commercial Head in large Indian and multinational manufacturing firms. He replaces Mr. Arpit Kumar Nagori, who had been serving as Interim CFO since April 1, 2025 and will now continue in his original role as General Manager – Corporate Finance. The Board approved the appointment on the recommendation of the Nomination and Remuneration Committee and with the approval of the Audit Committee.
The change concludes a brief interim arrangement at the CFO level, bringing in an experienced full-time financial leader. For shareholders, this signals stable corporate governance and continuity in financial oversight, with no disruption to operations.