
Business Update28 Oct 2026, 04:14 pm
EverestIMS Technologies signs advisory deal with Finportal Investments
AI Summary
EverestIMS Technologies Limited has entered into an agreement with Finportal Investments Private Limited for advisory services in investor relations. The mandate, effective from October 28, 2026, is for a period of twelve months and aims to enhance investor engagement and communication. The total consideration for these services is ₹8,00,000 per year, payable quarterly, excluding taxes and out-of-pocket expenses. The company has stated that the value of the consideration is not material as per its materiality policy. The agreement does not involve any special rights for Finportal Investments, nor are the parties related.
Key Highlights
- EverestIMS Technologies partners with Finportal Investments for investor relations.
- Mandate aims to strengthen investor engagement and communication.
- Annual advisory fee set at ₹8,00,000, payable quarterly.
- Consideration deemed not material as per company policy.
- No special rights granted to Finportal Investments.
Price Impact
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