Everest Industries Ltd. — M&A Activity 2020

Mar 26, 2020

==> picture [611 x 70] intentionally omitted <==

Ref. : H/NK//STX/ /2019 Date: March 26, 2020

1. National Stock Exchange of India Limited 2. BSE Limited Exchange Plaza PhirozeJeejeebhoy Towers Plot No. C/1, G Block Dalal Street, Mumbai – 400 001. Bandra – KurlaComplex Tel: 2272 1233/8058 Extn- 8013 Bandra (E), Mumbai – 400 051 Fax No. 2272 2037/2039/ 2041/ 20 61 Tel: 2659 8452 Fax No.: 2659 8237-38

Dear Sir/Madam,

Sub.: Intimation under regulation 30 of SEBI Listing Regulations – Scheme of Merger and Arrangement

This is in furtherance to our letter dated May 1, 2019 regarding approval of scheme of merger and arrangement under sections 230 to 232 of the Companies Act, 2013 (“Scheme”) between the Company and Everest Building Solutions Limited, a wholly owned subsidiary of the Company.

In this regard, we wish to inform you that the Board in its meeting held on March 24, 2020 has considered and approved the change in Appointed Date of Scheme from 01.04.2019 to 01.04.2020, subject to the approval of the National Company Law Tribunal.

This is for your information and record.

Thanking you,

Yours faithfully, For EVEREST INDUSTRIES LIMITED NEERAJ KOHLI COMPANY SECRETARY & HEAD – LEGAL

==> picture [611 x 70] intentionally omitted <==