In furtherance to our intimation dated March 18, 2026 about resignation of existing Internal Auditor and Chief Risk Officer w.e.f April 7, 2026 and recommendation by the Audit committee for the appointment of Mr. Niranjan Gokhale Head Strategy as an Internal Auditor and Chief Risk Officer of the Company w.e.f. April 8, 2026 by entrusting him additional role and responsibilities, in order to ensure continuity in the said position, we would like to inform the exchanges that the Board of Directors at their meeting held today i.e. on March 26, 2026 has approved the appointment of Mr. Niranjan Gokhale Head Strategy as an Internal Auditor and Chief Risk Officer of the Company w.e.f. April 8, 2026.As informed in earlier intimation, please note that the Company is in the process of identifying the new Internal Auditor and Chief Risk Officer of the Company. The requisite details in terms of the Listing Regulations and aforesaid circular are attached in Annexure A .
EVERESTIND · price
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Everest Industries has appointed Mr. Niranjan Gokhale, currently its Head of Strategy, as the new Internal Auditor and Chief Risk Officer effective April 8, 2026. This follows the resignation of the previous Internal Auditor and CRO, which takes effect on April 7, 2026. The Board approved the appointment on March 26, 2026, based on a recommendation from the Audit Committee, to ensure continuity in the role. The company clarified that this is an interim arrangement and it is still searching for a permanent replacement. Mr. Gokhale holds an MBA from McMaster University and an MS from Lehigh University, and has over 30 years of multi-industry experience, including six years at Everest Industries.
The change ensures no gap in internal audit and risk oversight functions. Since Mr. Gokhale is an existing internal candidate being given additional responsibilities on a temporary basis, the immediate impact on shareholders is minimal, though the company will need to appoint a permanent successor soon.