Outcome of the Board Meeting is enclosed

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

Price reactionminutes from the announcement price · days from the prior close

+0.9%Reaction day

₹435.00

prior close

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announcement price

After-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used+0.4%+0.6% vs market

Pharmaceuticals peers, median of 147sector+0.5%+0.4% vs sector

On the reaction day the stock moved 0.6 pts more than Nifty Microcap 250 and 0.4 pts more than its Pharmaceuticals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Sessions after the filingfrom the prior close

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Reaction day

+0.9+0.4+0.6+0.5+0.4

Next day

-0.2+0.7-0.9-0.2-0.0

+1.0+0.7+0.2-0.3+1.3

-1.8+0.5-2.3-0.4-1.4

-3.9+1.0-4.9-0.1-3.8

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-3.4+2.8-6.3+0.5-3.9

15d

-24.3-0.7-23.6-2.8-21.5

-14.7+3.7-18.4+0.2-15.0

-23.9+3.0-26.9+1.4-25.3

-9.3-1.4-7.8-4.0-5.3

UpDownMarket · Nifty Microcap 250Sector · Pharmaceuticals peers, median of 147Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

The Board of Everest Organics met over two days (May 27-28, 2025) and approved three auditor-related decisions. It appointed M/s. RPR & Associates, Practicing Company Secretaries based in Hyderabad, as the new Secretarial Auditor for a five-year term from FY 2025-26 to FY 2029-30, subject to shareholder approval at the upcoming 32nd AGM. The Board also re-appointed M/s. Harikrishna & Associates as Internal Auditors for FY 2025-26 and M/s. P.K.R. & Associates LLP as Cost Auditors for FY 2025-26, the latter also needing shareholder approval for remuneration. No financial results, business updates, or operational matters were discussed in this filing.

Likely market impact

This is a routine corporate governance announcement with no direct impact on shareholders' wealth or stock price. Investors should note that the shareholder approvals sought at the AGM are standard procedural items.