StockWatch
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Cement & Cement Products
Subsidiary16 Oct 2026, 12:34 pm

Everest Industries Pays ₹112.93 Cr Call Amount for Subsidiary EBPL

AI Summary

Everest Industries Ltd has paid the first and final call amount of ₹1,12,93,02,900/- (₹112.93 Crore) to its subsidiary, Everest Buildpro Private Limited (EBPL). This payment converts 1,54,150 partly paid-up equity shares of EBPL held by Everest Industries into fully paid-up shares as of October 15, 2026. The company's shareholding in EBPL remains at 100%, with no change in the shareholding pattern of the subsidiary. Consequently, this disclosure is not mandatorily required.

Key Highlights

  • Everest Industries paid ₹112.93 Cr to subsidiary EBPL.
  • Partly paid-up shares converted to fully paid-up.
  • 100% shareholding in EBPL maintained.
  • No change in subsidiary's shareholding pattern.
  • Disclosure not mandatorily required.