Everest Industries allots new equity shares under ESOS-2021

Everest Industries Limited reported on September 11, 2025, that its Stakeholders Relationship Committee approved the allotment of 35,874 equity shares to employees. This allotment stems from the exercise of vested stock options under the Employee Stock Option Schemes- 2021 (ESOS-2021).

The new shares comprise 35,400 equity shares at an exercise price of Rs. 580 per share and 474 equity shares at an exercise price of Rs. 635 per share, each with a face value of Rs. 10. These fully paid-up shares will rank pari-passu with existing equity shares.

As a result, the company's issued, subscribed, and paid-up share capital has increased from Rs. 15,81,98,800 to Rs. 15,85,57,540, reflecting a total of 1,58,55,754 equity shares of Rs. 10 each. Amruta Avasare, company secretary & compliance officer, signed the announcement.