Everest Industries Limited has made a regulatory disclosure to the National Stock Exchange of India Limited and BSE Limited regarding key management appointments.
The Board of Directors, at their meeting held on May 26, 2026, approved the appointment of Mr. Sunder Nilakantan as Internal Auditor and Chief Risk Officer of the Company effective from May 26, 2026. This appointment was made pursuant to the recommendation of both the Audit Committee and the Risk Management Committee.
Concurrently with this appointment, Mr. Niranjan Gokhale ceased to hold the additional roles of Internal Auditor and Chief Risk Officer effective May 26, 2026. Mr. Gokhale will continue to hold the position of Head – Strategy within the company.
Appointment Details for Mr. Sunder Nilakantan
- Date of Appointment: May 26, 2026
- Term of Appointment: 3 years effective from May 26, 2026
- Qualifications: Chartered Accountant from the Institute of Chartered Accountants of India, Bachelor of Commerce degree from the University of Bombay
- Experience: Over 35 years of experience in Internal Audit, Finance, Accounts, Treasury, Credit Control, and Corporate Governance across leading Indian and multinational organizations
- Expertise Areas: Strengthening internal controls, risk-based audits, process improvements, SAP implementation, financial governance, and building high-performing teams
- Previous Roles:
- Head – Shared Services Center (SSC) at Larsen & Toubro Ltd
- Senior leadership positions with Crompton Greaves, Ion Exchange India, Shaw Wallace, and Aventis CropScience
The intimation was signed by Amruta Avasare, Company Secretary & Compliance Officer (Membership No.: A18844) on behalf of Everest Industries Limited.