Everest Industries Ltd - Update On Sale Of Land At Podanur

With respect to our earlier intimation dated August 29, 2025 on the sale of land at Podanur, we would like to inform you that on October 26, 2025, the Ministry of Environment, Forest and Climate Change (MoEF & CC) has granted the needed amendment in the Environment Clearance (EC) with respect to the reduction of our land area. Therefore, the timelines for execution of the sale deed mentioned in the term sheet shall be read accordingly and the second tranche of payment of consideration by buyer will now be received accordingly. This intimation is given pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclsoure Requirements) Regulations, 2015.