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Everest Industries Extends Timeline for Podanur Land Sale to March 2026

Story Highlights
  • Everest Industries has postponed completion of its Podanur land sale to March 31, 2026.
  • The extension, driven by pending government approvals, delays expected cash inflow but keeps the deal on track.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Everest Industries Extends Timeline for Podanur Land Sale to March 2026

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Everest Industries Limited ( (IN:EVERESTIND) ) has shared an update.

Everest Industries Limited has informed the stock exchanges that the planned sale of its land parcel at Podanur, originally expected to conclude by January 25, 2026, will now be completed by March 31, 2026, following a mutually agreed extension with buyer G Square Realtors Private Limited due to the pace of required government approvals. The delay, disclosed under market disclosure regulations, signals a postponement in the timing of any anticipated cash inflow from the transaction but confirms that the deal remains on track subject to regulatory clearances, offering stakeholders clarity on the revised execution schedule.

More about Everest Industries Limited

Everest Industries Limited is a listed Indian company whose shares trade on both the National Stock Exchange of India and BSE Limited, indicating its participation in the broader industrial and infrastructure-related segments of the market.

Average Trading Volume: 623

Technical Sentiment Signal: Sell

Current Market Cap: 6.66B INR

Find detailed analytics on EVERESTIND stock on TipRanks’ Stock Analysis page.

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