EVERESTINDNSEEverest Industries Limited· Cement And Cement ProductsMediumNeutral
Announced Thu, 26 Mar · 19:11 IST

Everest Industries Limited has informed the Exchange regarding Change in Auditors of the company.

Management Changes View source PDF

EVERESTIND · price

Loading chart…

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

Price reaction · full curve 14 horizons · vs prior close
-8.6%1-day move
₹318.00
prior close
₹313.60
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.2-0.8+0.1-0.0-8.6+0.1+7.4+2.4+0.3+4.9+29.5+24.5+22.6+48.6
Up moveDown movePending
AI summary

Everest Industries has appointed Price Waterhouse Chartered Accountants LLP (PwC) as its new statutory auditor for a first term of five years, from the end of the 93rd Annual General Meeting (AGM) until the 98th AGM. The change was recommended by the Audit Committee and approved by the Board on March 26, 2026, subject to shareholder approval at the upcoming 93rd AGM. The previous auditor, S R B C & Co. LLP, is stepping down after completing its maximum two permitted terms under the Companies Act, 2013. PwC is one of India's large audit networks, established in 1991, with 17 branch offices and over 125 assurance partners.

Likely market impact

This is a routine, regulation-driven auditor rotation rather than a governance concern. Shareholders should see no impact on operations or financials, though a new auditor may review accounting policies afresh in the coming years.