This disclosure is a follow-up to the company's earlier intimation dated March 27, 2026, made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Transaction Details
The company has paid the first and final call amount of ₹1,12,93,02,900 (One Hundred Twelve Crore Ninety-Three Lakh Two Thousand Nine Hundred Rupees) to its wholly-owned subsidiary, Everest Buildpro Private Limited (EBPL). This payment was made pursuant to a first and final call notice issued by EBPL.
Share Conversion Impact
The payment resulted in the conversion of 1,54,150 (One Lakh Fifty-Four Thousand One Hundred Fifty) partly paid-up equity shares of ₹10 each held by the company in EBPL into fully paid-up equity shares. This conversion became effective on October 15, 2026.
Ownership Structure
Both prior to and after this subscription, the company continues to hold 100% of the equity share capital of EBPL. Accordingly, there has been no change in the shareholding pattern of the subsidiary.