Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ( SEBI Listing Regulations ), we hereby inform you that the Company has executed a Sale Deed on November 3, 2025 for the sale of commercial premises situated at 5B4, 5th Floor, B-Wing, Gundecha Onclave Premises Co-op. Society Ltd., Saki Village, Kherani Road, Andheri (East), Mumbai 400 072, Maharashtra ( property ).Further, the sale of this property does not constitute as an undertaking or substantially the whole of the undertaking of the Company in terms of section 180(1)(a) of the Companies Act, 2013.The disclosure as required under Schedule III of the SEBI LODR Regulations read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 is enclosed as Annexure A .
EVERESTIND · price
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Everest Industries has sold a commercial office premises located at Gundecha Onclave, Andheri (East), Mumbai on November 3, 2025. The total sale consideration is Rs. 3.75 crore (Rs. 3,74,82,500), of which Rs. 3.30 crore is still subject to cheque realisation. The buyer, Mrs. Michelle Athyala, is an independent party with no connection to the promoter group. The sale is a one-time asset disposal and does not qualify as sale of a whole undertaking under the Companies Act.
The transaction is small in size (around Rs. 3.75 crore) and represents monetisation of a non-core real estate asset rather than any change in business operations. It is unlikely to materially affect the stock price or earnings, though Rs. 3.30 crore of the proceeds are pending actual receipt.