Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations"), the Board of Directors of Everest Buildpro Private Limited ("EBPL"), a wholly owned subsidiary of the Company, accorded in-principle of CAPEX of Rs. 138 crores to set up a new Fibre Cement Boards plant at Matia, Goalpara, Assam with a capacity of 72,000 MTPA. The information as required under Schedule III of the SEBI Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 is enclosed in the Annexure below. Further, we are pleased to inform that on February 25, 2025, Everest Buildpro Private Limited signed a Memorandum of Understanding (MoU) with Government of Assam for investment of Rs. 138 crores to set up a new Fibre Cement Boards plant at Matia, Goalpara, Assam.