Everest Industries Limited Invests in Everest Buildpro Private Limited
Everest Industries Limited announced on March 27, 2026, that its wholly-owned subsidiary, Everest Buildpro Private Limited (EBPL), has allotted 154,150 partly paid-up Equity Shares. The shares were allotted on March 25, 2026, at a premium.The equity shares were issued at a premium of Rs. 8,289 per share, with a face value of Rs. 10 each. The total consideration for the allotment was Rs. 149,987,950. Rs. 973 per share, including a face value of Rs. 5 and a premium of Rs. 968, was paid on application.
Everest Industries Limited will continue to hold 100% of the equity share capital in EBPL following the transaction, maintaining the existing shareholding structure.
Details of Everest Buildpro Private Limited:
| Particulars | Details |
|---|---|
| Incorporation Date | March 31, 2023 |
| Business | Manufacturing Boards & Panels |
| FY 2024-25 Turnover | Rs. 15,68,47,000 |
| Country of Presence | India |
| Turnover for Previous Years | 2023-24: Rs. 19,77,000; 2022-23: Not Available |
The transaction is considered a related-party transaction due to Everest Industries’ 100% ownership of EBPL. The acquisition was made at arm’s length.
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