We would like to inform the exchanges that pursuant to the recommendation of the Audit Committee and Risk Management Committee, the Board of Directors of the Company at their meeting held ....
EVERESTIND · price
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Everest Industries' Board has appointed Mr. Sunder Nilakantan as Internal Auditor and Chief Risk Officer effective May 26, 2026, for a 3-year term. He is a Chartered Accountant with over 35 years of experience in internal audit, finance, treasury, and corporate governance across organisations including Larsen & Toubro, Crompton Greaves, and Ion Exchange India. Mr. Niranjan Gokhale, who was temporarily handling these additional responsibilities since April 8, 2026, will cease this role and continue as Head – Strategy. The appointment was recommended by the Audit Committee and Risk Management Committee.
This is a routine corporate governance change strengthening the company's internal audit and risk management functions with an experienced professional. It is unlikely to have any material impact on the stock price.