Everest Industries completed Phase I sale of 16.84 acres in Podanur to G Square Properties for ₹133.86 crore total consideration.
Company received ₹100.83 crore to date across three tranches, with final ₹85.83 crore payment made on April 10, 2026.
Balance 6.48 acres land transfer expected by November 4, 2026, with transaction not qualifying as related party.
Sale executed via registered deed on April 10, 2026, following board approval and term sheet signed August 2025.