Everest Industries Completes Phase I Sale of 16.84 Acres Land at Podanur for Rs. 100.82 Crores

Everest Industries Limited completed Phase I sale of 16.84 acres vacant land at Podanur to G Square Properties Private Limited on April 10, 2026, receiving Rs. 100.83 crores including TDS. The transaction is part of a larger 23.32 acres land disposal plan worth Rs. 133.86 crores total consideration. The remaining 6.48 acres under Phase II is expected to be completed by November 4, 2026, representing a significant asset monetization initiative for the company.