Everest Industries Limited — Others, 26-08-2025: Shareholders meeting

Everest Industries will hold its 92nd Annual General Meeting on September 18. Shareholders will consider adopting audited financial statements for FY25 and declaring a final dividend of Rs. 2.50 per equity share. The company seeks approval for a commission up to 2 Cr for its Non-Executive Chairman. Mr. Hemant Khurana is set to be appointed as MD & CEO for three years, with a 0.50 Cr signing bonus, 3 Cr annual fixed pay, and up to 7.20 Cr variable pay over three years, plus 30,000 ESOPs. For FY25, standalone profit was 14.35 Cr, but consolidated showed a 3.60 Cr loss, primarily from the Fiber Cement Board segment. The company plans strategic improvements.