Nature of change: Appointment of Vice President & BU Head - ESBS
Name and details: Mr. Nachiket Badnore appointed effective June 18, 2026
Qualifications: Holds Bachelor of Mechanical Engineering from Walchand Institute of Technology, Solapur and completed Senior Management Development Program from Indian Institute of Management Ahmedabad (IIMA)
Experience: Brings over 22 years of rich and diverse experience in the process industry with expertise in business leadership, P&L management, project execution, business transformation, product development, strategy formulation, and global operations management
Career achievements: Demonstrated strong capabilities in building and scaling businesses, leading cross-functional and global teams, driving profitable growth, creating new business verticals, and delivering complex projects across international markets. Previously built new process plant execution business from the ground up, creating capabilities across engineering, project management, procurement, and commercial operations
Disclosure of relationships: Not Applicable (no relationships between directors disclosed)
Any Other Material Information
Regulatory compliance: Disclosure made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
Filing details: Submitted to National Stock Exchange of India Limited (Scrip Code: EVERESTIND) and BSE Limited (Scrip Code: 508906) on June 18, 2026
