EVERESTINDNSEEverest Industries Limited· Cement And Cement ProductsLowNeutral
Announced Thu, 22 May · 14:51 IST

�Falak Investment Private Limited�has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Ownership Changes View source PDF

EVERESTIND · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Falak Investment Private Limited, the promoter of Everest Industries Limited, has submitted a compliance disclosure to NSE confirming it holds 79,33,409 equity shares representing 50.15% of the company's total equity share capital as of March 31, 2025. The company has declared that it has not created any encumbrance (pledge or similar charge) on these shares, directly or indirectly, during the financial year. This is a mandatory annual filing required under SEBI takeover rules because the promoter group's holding exceeds the 50% threshold.

Likely market impact

Routine compliance filing with no material change in shareholding or encumbrance status. Shareholders should take comfort that the promoter has not pledged any of its 50.15% stake, indicating no immediate liquidity or margin pressure on the promoter entity. No expected stock price impact from this disclosure.